- Education group Malvern launched a deeply discounted share issue to raise £1.17m for working capital and to strengthen its balance sheet.

New shares in the company were being offered at 0.15p each, representing a 61% discount to their closing price on Tuesday.

At 9:46am: [LON:MLVN] Malvern International Plc Ord 5p share price was -0.15p at 0.23p

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