Shares in online bingo operator Stride Gaming have begun trading on London’s Alternative Investment Market (AIM) following a placing which raised £11.2m.
The operator issued 50,151,513 ordinary shares following its admission to AIM at a price of 132 pence per share, giving the company a market capitalisation of £66.2m.
The net proceeds of the placing will be used to support the company’s organic growth, as well as potential acquisition opportunities.
“I am delighted that Stride Gaming has joined [...]
