DJI Holdings is looking to raise approximately £29m through a conditional placing of its shares, which it claims will enable the company to make progress on a number of major strategic opportunities in China.
The company has announced a conditional placing of 30.5m new ordinary shares at a price of 95 pence per share, raising gross proceeds of £29m.
DJI said that the placing significantly strengthens the company's balance sheet, which will enable it to progress a [...]
