29th Jun 2016 12:09
LONDON (Alliance News) - Mobile commerce company mporium Group PLC on Wednesday said it has raised GBP3.1 million via a share placing to back its product development plans.
mporium said it has issued 41.4 million shares at 7.50 pence per share to a combination of new and existing shareholders. Shares in mporium were down 3.5% to 7.60p shortly after the announcement.
The funds will be used to back product development work, mporium's growth strategy and working capital.
By Sam Unsted; [email protected]; @SamUAtAlliance
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