Devolver raises £7.9m via share placing
Devolver Digital, Inc. (DI) Reg S Cat 3/144A
25.50p
16:55 14/11/24
0.00%
0.00p
Video games publisher Devolver has successfully raised approximately £7.9m via a placing of 23.9m shares.
FTSE AIM All-Share
729.38
16:54 14/11/24
n/a
n/a
Media
12,866.04
16:38 14/11/24
1.25%
158.48
Devolver said on Tuesday that the placing price of 33.0p represented a 10% premium to the stock's closing price on 1 July
Application has been made for the new shares, which equate to roughly 5.5% of the issued and outstanding share capital of the company, to be admitted to trading on London's AIM market on or around 5 July.
As of 0930 BST, Devolver shares had rallied 13.33% to 34.0p.
Reporting by Iain Gilbert at Sharecast.com