RNS - 6th June 20196 Oct 2019 12:18
Institutional Placing
BigDish Plc (LON:DISH), a food technology company that operates a yield management platform for restaurants, is pleased to announce that it has raised, in aggregate, £2.1 million through a placing of, in aggregate, 29,166,667 new common shares (the "Common Shares) of no par value in the capital of the Company (together, the "Issue shares) at a price of 7.2 pence per Common Share (the "Issue Price") via an institutional placing.
Highlights:
· Fully funded until 2021
· Acceleration of the UK rollout
· Acceleration of customer acquisition
· Acceleration of new production development