StockMarketWire.com - Energy saving equipment provider Sabien Technology Group said it would have to raise additional equity because lower-than-expected sales had kept it in the red.

The company had hoped to start breaking even on a monthly basis by December.

However, it said it hadn't been able to accelerate the current rate of sales pipeline conversion, which had been slower than expected.

Sabien said it would issue new shares in the company at 0.1p each to raise around £400k.


At 1:26pm: [LON:SNT] Sabien Technology Group PLC share price was -0.06p at 0.15p



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