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InternetQ PLC Announces Completion Of Acquisition

Wednesday, 17 Jul 2013 02:00am EDT 

InternetQ PLC announced that the acquisition of Atlas Interactive Deutschland GmbH has now completed. As announced on July 2, InternetQ successfully placed 3,448,400 new ordinary shares at a price of 290p pence per share, raising gross proceeds of approximately GBP10 million (EUR11.7 million) to fund the acquisition of Atlas for GBP5 million and to further support the next phase of its stated growth strategy. The placing shares represent approximately 9% of the Company's enlarged issued share capital and attracted strong institutional demand from shareholders in the UK and North America. 

Company Quote

-3.0 -0.91%
17 Apr 2015