Shares in B2B mobile gaming platform provider Nektan fell by more than 7 per cent in its first day of trading as a listed company in London yesterday.
Gibraltar-based Nektan had raised £4.1m through a placing of 21,228,187 new shares last month, valuing the company at approximately £50.1m.
The company said that the funds raised will be used to expand the group's business development and product development; provide sufficient working capital to support the operation of the [...]