Shares: Taking Stock
Friday 14 June 1996
The flow of Ofex newcomers continues. Woodstock, a 46-strong pubs chain is hoping to raise pounds 600,000, selling shares at 20p and Robotic Technology Systems is attempting the biggest Ofex cash call yet - a pounds 2m issue.
Its parent, Finnscrew of Finland, has developed a system to grind propellers which is said to be much quicker and more accurate than traditional methods. RTS will spearhead an internaitonal sales and marketing drive. About 30 per cent of the company is being sold at 20p.
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