27th Nov 2015 15:20
LONDON (Alliance News) - Silver Falcon PLC on Friday said it is well-placed to make acquisitions in the financial services sector since listing on London's Main Market earlier this month.
The investment company raised GBP1.5 million in its share placing and said it is in a good position to make acquisitions particularly in the financial technology sub-sector.
"We were very pleased by the confidence shown in the company by the oversubscription in the placing, and the company seems to have been well received by the market. We look forward to a successful future for the company, and we have already identified potentially interesting acquisition possibilities," Chairman Geoffrey Dart said in a statement.
Shares in Silver Falcon were trading down 5.9% at 3.53 pence on Friday afternoon. The stock listed at 3.00p per share.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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