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Rightster Group announces acquisitions and placing


Tuesday, 8 Jul 2014 02:00am EDT 

Rightster Group PLC:Acquires Viral Management Limited (Viral Spiral), the proposed acquisition of Base79 Limited (Base79) and a placing of 75 mln new ordinary shares (Placing Shares) by Cenkos, to raise 42 mln pounds (before Placing expenses) at a price of 0.56 pounds per share.Proposed acquisition of Base79 for a total consideration of up to 50 mln pounds.Acquisition of outstanding shares in Viral Spiral for a total consideration of up to 4.1 mln pounds.