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Nektan raises £1.36m to fund US expansion through Respin JV

23rd December 2015 8:34 am GMT

London-listed mobile gaming supplier Nektan has raised an additional £1.36m which will primarily be used to support the delivery of its mobile enable products and services into the US land-based casino market.

The company has placed 937,929 new ordinary shares of £0.01 each at 145 pence per share, which will be admitted to trading on London’s AIM market on December 30th.

The net proceeds from the fundraising will be primarily used to focus on driving further expansion [...]

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