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TMT Investments PLC - venture capital investor in high-growth technology companies - Says it has successfully raised USD758,506 via the issue of 89,236 new shares via the PrimaryBid offer. The sterling equivalent of the issue price was GBP6.31. TMT raises gross proceeds of USD19.3 million from the capital raising and PrimaryBid offer. Proceeds from the fundraise will go towards the company's pipeline of new and potential follow-on investments.
Current stock price: USD9.50, up 9.2% on Monday
Year-to-date change: up 16%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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