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D1 Raises £13 m Prior to IPO

D1 Oils, the UK biodiesel developer (earlier post) has raised £13 million from a private placement sale of shares prior to its IPO at the end of the month. The company sold 8.1 million new shares at 160 pence apiece. Its shares are expected to list on London’s junior AIM market on October 29, valuing the company at £34.4 million.


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