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NetPlayTV raises £2.5m to strengthen balance sheet

3rd November 2010 10:55 am GMT

Significantly strengthening the company’s balance sheet, live TV gaming specialist NetPlayTV plc has announced that it has conditionally raised £2.5m through a placing of more than 83 million shares which the company said will ensure sufficient funding for the business to complete its restructuring and return to profitability.

NetPlayTV has conditionally raised £2.5m (£2.4m after expenses) through a placing of 83,333,334 ordinary shares at a price of 3 pence per share, conditional upon the approval of [...]

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