shares of optibiotix health plc fell 17 in early trade monday after the company said that it has raised 500000 pounds 614700 via a discounted share subscription which will be invested in its directtoconsumer product model and used for general working capital purposes the uk lifesciences company has issued 31 million new ordinary shares at 16 pence each an 18 discount to fridays closing price of 1950 pence the funds will support an acceleration of our direct to consumer business help expand our us partner network and launch our second generation products into the market these steps will help create shareholder value and support optibiotixs position as a leader in the microbiome field chief executive stephen ohara said shares at 0828 gmt were down 325 pence at 1625 pence