6th Nov 2015 09:37
LONDON (Alliance News) - Advertising technology company Phorm Corp on Friday said it has raised GBP2.1 million through a conditional placing.
Phorm has issued 37.0 million shares via a placing and 22.4 million shares in a subscription offer, all at 3.5 pence per share. Shares in Phorm were up 3.7% to 3.5 pence on Friday.
The company will use the proceeds for general working capital purposes.
By Sam Unsted; [email protected]; @SamUAtAlliance
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Related Shares:
PHRM.L