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Ocado shares up

Online supermarket Ocado has seen a significant rise in its share value following the announcement of healthy sales figures and the extension of a key loan agreement. It also confirmed plans to raise a further £35.8m through a new share issue.

Commenting on the uplift in share value, by 14 pence to 75 pence, the company’s chief executive Tim Steiner said “We are delighted that Ocado has achieved such strong endorsement from both its institutional and other shareholders and its lenders who support our confidence in our business model and growth prospects“.

If you are responsible for the management of shares in your company, this downloadable set of Share Capital and Profits template documents can be used for a range of purposes, from issuing shares to reducing share capital.

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