28th Jun 2021 11:14
(Alliance News) - Silver Bullet Data Services Group PLC has started trading on London's AIM Market on Monday morning after raising GBP9.5 million.
The cash will be used to win new clients and roll out Silver Bullet's 4D software product, which provides targeted advertising without third-party data or cookies.
London-based Silver Bullet has 62 employees and offices in the US, Italy, Australia and Germany. Clients include Heineken NV, Dolce & Gabbana and Jagermeister.
The company's placing price was set at 257 pence per share. It rose to 273.47p on the first day of trading, giving it a market capitalisation of GBP36.7 million.
"We very much appreciate the strong support of our existing and new shareholders and look forward to working with them on the exciting growth journey ahead," said Chief Executive Ian James.
By Evelina Grecenko; [email protected]
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