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Bremhill to raise cash from shares

5th May 1988, Page 32
5th May 1988
Page 32
Page 32, 5th May 1988 — Bremhill to raise cash from shares
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Which of the following most accurately describes the problem?

• Bretnhill Industries, the parent group of specialist trailer engineer RTS of Newbury, is raising 23.2 million from a flotation on the Granville Independent Companies exchange, which is a privately backed bank exchange.

Geoff Wood-Hill, managing director of RTS, the largest company in Brernhill, says the move is a stepping stone to a full listing on the stock market. RTS makes two-tier, elevating platform road trailers for supermarket chain Sainsbury and has sold 70 in the past two years. It also designs RO-RO containers and airport vehicles.

• The company employs 40 people and accounts for about half of Bremhill's £7.8 million annual turnover.