Deal of the day

Ramco Energy fell 1p to 46½p after raising £1.65 million in a share placing arranged at 46p by Ambrian, its broker, to help to finance SeaEnergy Renewables, its 80 per cent-owned British offshore wind farm business. SeaEnergy and Ramco’s 35 per cent-owned Iraqi oil associate are expected to announce their own fundraisings shortly.