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Nektan secures interest in £2.6m new share placement

28th October 2019 9:33 am GMT

London-listed gaming supplier Nektan has secured agreements to raise £2.6m through a new share issue at a price of five pence per share.

The £2.6m investment, which is subject to shareholder approval, includes the unsecured loan of £0.35m extended to the company by certain shareholders last month and will help drive its planned expansion and growth in international markets.

Nektan said that the investment, alongside a further realignment towards higher margin activities, should deliver an improvement in [...]

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