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AdEPT Technology's Phil Race explains thinking behind recent £4.25mln fundraise

AdEPT Technology Group PLC's (LON:ADT) Phil Race caught up with Proactive London's Andrew Scott to talk through their recent £4.25mln placing.

It was done to support potential acquisitions as part of a wider strategy to expand the business.

Quick facts: AdEPT Technology Group PLC

Price: 182 GBX

LSE:ADT
Market: LSE
Market Cap: £45.55 m
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AdEPT Technology reports 'storming first half' as it transitions to managed...

AdEPT Technology Group PLC's (LON:ADT) Phil Race and John Swaite discuss with Proactive London's Andrew Scott their interims to 30 September 2019. The acquisitive information technology services provider saw revenue rise by 26% to £30.8mln in the period from £24.4mln. Managed services...

on 12/11/19

2 min read