8th Aug 2018 10:57
LONDON (Alliance News) - Shares in BigDish PLC rose on Wednesday as the company said it plans to roll-out its platform to a wider UK audience following its initial public offer.
BigDish listed on the Main Market of the London Stock Exchange last week after raising GBP1.8 million, following the admission of 49.4 million shares at 4.5 pence each.
The stock was trading up 18% at 5.18p per share on Wednesday.
The company, which operates yield management platforms for restaurants, explained its three-phase strategy for the future which consists of launching a beta version of its app in Bath in September.
The second phase of the programme will see all UK customers currently on the TablePouncer platform in Bournemouth migrate to the BigDish app. BigDish bought Pouncer on the day of its IPO.
The last phase will see the roll out of the new BigDish platform to a wider UK audience with a particular focus on small town where the restaurant app market "is less saturated", BigDish explained.
Related Shares:
Amala Foods Plc