Devolver raises £7.9m via share placing
![Devolver Digital | Sharecast graphic / Josh White dl devolver digital aim video games publisher developer indie titles gaming console mobile technology entertainment logo](https://img4.s3wfg.com/web/img/images_uploaded/5/1/dl-devolver-digital-aim-video-games-publisher-developer-indie-titles-gaming-console-mobile-technology-entertainment-logo_620x350.jpg)
Devolver Digital, Inc. (DI) Reg S Cat 3/144A
33.50p
11:00 04/07/24
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
770.34
12:00 04/07/24
n/a
n/a
Media
12,591.39
11:58 04/07/24
0.62%
77.00
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