mporium Group raises £3.05m for product roll-out

Shares in mporium Group are up almost 2% after it confirmed its placing had successfully raised £3.05m before expenses to continue with its roll-out of the Impact and Insights products.

The mobile commerce specialist's capital raise comprised about 20.33m shares at 15p apiece.

On Monday, mporium said net proceeds would primarily be used to enable it to continue with its Impact and Insights product roll-out, in line with the group's existing growth strategy.

At 13:36 GMT, shares in AIM-quoted mporium were up 1.68% to 15.12p each.