Devolver raises £7.9m via share placing
Devolver Digital, Inc. (DI) Reg S Cat 3/144A
25.50p
16:55 20/11/24
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0.00p
Video games publisher Devolver has successfully raised approximately £7.9m via a placing of 23.9m shares.
FTSE AIM All-Share
724.62
11:35 21/11/24
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Media
12,668.53
11:35 21/11/24
0.88%
110.04
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