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DJI raises £11.5m in additional funding for Chinese expansion plans

19th July 2016 9:16 am GMT

London-listed lottery solutions provider DJI Holdings has decided to accept additional funding via a conditional placement of shares to supplement the £29m raised earlier this month to fund growth opportunities in the Chinese lottery market.

DJI has announced a conditional placing of 12,100,000 new ordinary shares at a nominal value of 10 pence, each at a price of 95 pence per share, raising gross proceeds of approximately £11.5m.

This has been completed through the company’s broker, Mirabaud [...]

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