19th Jul 2016 08:17
LONDON (Alliance News) - DJI Holdings PLC on Tuesday said it has raised GBP11.5 million through the placing of 12.1 million shares at 95.00 pence each.
The Chinese lottery and payment technology provider said it raised the funds through blue-chip long-term investors, enabling it to further accelerate its repositioning as an internet technology provider.
DJI added that following on from the GBP29.0 million it raised at the beginning of the month, it has significantly progressed discussions with potential partners and is confident it will announce additional contracts in the coming weeks.
"We are delighted to now have a number of the world's leading institutional investors as shareholders of the group. Our discussions with potential partners are now well ahead of where we had envisaged only a few weeks ago. These very significant opportunities will further demonstrate to the market that DJI is now a substantial internet technology portal. We look forward to making further announcements in due course," Chief Executive Darren Mercer said in a statement.
Shares in DJI were trading down 0.3% at 116.20 pence on Tuesday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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