Mega joke13 Feb 2017 18:25
The Company has successfully raised approximately £200.5 million via the placing of 200,525,300 million ordinary shares with institutional and other investors at a placing price of 100 pence per ordinary share (the 'Placing'). DX's market capitalisation on Admission, based on the placing price, is approximately £200.5 million. As part of the Placing certain members of the DX management, including David Hoare, Petar Cvetkovic and Ian Pain, are reinvesting their current equity interests and will own approximately 3.64% of DX after Admission.
They have managed to turn 100p into 9p........even though they do straight forward business!