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Solid start for PCG Entertainment shares on London debut

5th December 2014 9:12 am GMT

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 [...]

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