We are pleased to announce that Armstrong has successfully raised £1.5m into Pharmol (Holdings) Limited, significantly beating the target of £1m in a very short marketing period.

These funds will allow Pharmol to purchase land in India and progress with the permitting work required to develop a proposed ethanol plant.

We have also raised a further £350k into St James’ Construction Limited to bring the total EIS fundraising up to £4.8m