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Nektan launches £7.1m financing round to support US expansion

28th April 2015 8:29 am GMT

London-listed platform provider Nektan has launched a £7.1m financing round to support its expansion in the US tribal and commercial casino market, and the continued growth of its European operations.

The £7.1m package is comprised of £4.7m in convertible loan notes and a placing of 1,044,774 shares. Existing investor Disruptive Tech Limited (DTL) has subscribed for a placing of 358,208 of these shares, which it will take instead of the repayment of £0.6m from its £1.2m [...]

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