RE: Massive24 Aug 2022 16:55
Placing already done in Jan 22
Milton Keynes, England-based fintech and information technology company - Successfully raises GBP1.3 million in a share placing and subscription. GSTechnologies raised the proceeds through a placing of 40.5 million shares and a subscription for 23.1 million shares at a price of 2.10 pence each. The funds raised would mainly be used to "accelerate the implementation of the group's strategy", specifically covering planned sales and marketing costs, and the development costs of its Wise MPay technology, including for the acquisition of Angra Ltd, which remains subject to FCA approval.