Creo Medical, a UK-based medical device developer backed by medical device company Pentax Medical, has raised £20m ($25m) through a placing ahead of a planned listing on Aim on December 9 2016.

In a regulatory filing yesterday, Creo said it has conditionally raised £20m through a placing at a price of £0.76 a share, which would yield a market capitalisation of about £61.3m upon admission to Aim.

The listing will provide an exit for Finance Wales and UK government-backed Angel…

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