Shares in China-facing poker and lottery provider PCG Entertainment rose by 2 per cent in its first day of trading as a listed company in London yesterday.
PCGE is a Gibraltar incorporated holding company which holds four licences relating to the operation of online poker and lottery games based in China via its subsidiary Sihai Geju.
It raised £3.4m (before expenses) through a placing of 24,333,334 new ordinary shares, and a subscription of 32,500,000 new ordinary shares [...]