Zattikka PLC First Day Of Dealings
Zattikka PLC announced the commencement of dealings in its Ordinary Shares on AIM under the ticker code ZATT and the ISIN number of GB00B7YH9F32. The Company has completed a placing with institutional and other investors, raising approximately GBP12.6 million, with proceeds to be used to fund the acquisition of three online games companies and ongoing working capital. Placing price per ordinary share-100 pence; ordinary shares in issue as at date of admission document -50,000; number of offer shares-398,985; number of placing shares-12,637,433; Estimated net proceeds of the Placing (net of Placing and Acquisition costs) GBP9.5 million; market capitalisation at the placing price-GBP22.0 million; and number of ordinary shares in issue following the placing, the acquisitions and admission-21,968,710 Canaccord Genuity Limited is acting as the Company's Nominated Adviser and Broker and acted as sole book-runner on the Placing.
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