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EDX Medical Issues New Shares for GBP3 Million

MT Newswires·08/24/2026 02:46:16
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02:46 AM EDT, 08/24/2026 (MT Newswires) -- EDX Medical Group (EDX.AQ) generated 2.7 million pounds sterling through the issuance of 19,378,563 shares, according to a Monday filing. The UK-based digital diagnostics company will use net proceeds for the expansion of its new employee health screening service, in which five unnamed companies are interested. The new subscription shares are expected to be admitted to trading on the London bourse's AIM segment on Friday. Each subscription share also entitles the subscriber to warrants over two ordinary shares. The warrants are exercisable from July 20, 2028 to July 19, 2029, at an exercise price of 0.03 pound per warrant.