ZOO Digital has successfully raised £7.4m ($10.3m) gross proceeds through an oversubscribed issue of 7.45m shares at 100p per share, a 6% discount to the 106.5p last closing price. The net proceeds are intended to bolster ZOO’s commercial position by supporting further scaling of the business, through growing the R&D team, including establishing a longer-range research function; establishing regional hubs for media services (India, South East Asia); expanding international business development a ....
31 Mar 2021
£7.4m fundraising to provide growth capital 7.45m shares issued at 100p, a 6% discount
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£7.4m fundraising to provide growth capital 7.45m shares issued at 100p, a 6% discount
ZOO Digital Group plc (ZOO:LON) | 37.5 0.2 1.4% | Mkt Cap: 36.7m
- Published:
31 Mar 2021 -
Author:
Gareth Evans | Gavin Wood -
Pages:
3
ZOO Digital has successfully raised £7.4m ($10.3m) gross proceeds through an oversubscribed issue of 7.45m shares at 100p per share, a 6% discount to the 106.5p last closing price. The net proceeds are intended to bolster ZOO’s commercial position by supporting further scaling of the business, through growing the R&D team, including establishing a longer-range research function; establishing regional hubs for media services (India, South East Asia); expanding international business development a ....