British online gaming software provider GameAccount Network has raised £22.2m following the successful closing of an institutional placing of its shares, valuing the company at approximately £75m.
Strong institutional investor interest in the placing resulted in an offer of new shares raising £15m (€18m) for the company, together with a sale of shares by certain existing shareholders in the company amounting to £7.2m (€8.7m).
The company expects to be admitted to trading on the AIM market of [...]
