The payment services provider is also looking to raise an additional £2mln through an open offer to existing shareholders.
() has confirmed press speculation that it is in the advanced stages of carrying out a £14mln equity raise.
The payment services provider, formerly called FairFx, said the potential share placing would be priced at 110p per share with the proceeds to be used to “accelerate organic growth and to fund potential acquisitions”.
It is also looking to raise an additional £2mln through an open offer to existing shareholders.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Equals Group Plc named herein, including the promotion by the Company of Equals Group Plc in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HERE