10th Dec 2015 09:37
LONDON (Alliance News) - Next Fifteen Communications Group PLC Thursday said it has raised GBP7.8 million through the placing of 3.36 million shares at 240 pence each.
Shares in Next Fifteen were up 0.6% at 264.40 pence Thursday morning.
The share placing was conducted by Investec Bank PLC. Next Fifteen announced Tuesday that it was in advanced talks to buy a small UK-based digital agency for an initial cash consideration of GBP3.8 million, which it planned to fund through the share placing.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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