Company
LON:SYME
Supply@ME Capital PLC is an independent fintech company providing an innovative proprietary inventory monetisation service to companies in a wide range of industrial sectors. This scalable and pan-European service which helps fulfil companies’ working capital needs has gained traction in several domestic markets through partnerships with major arrangers and banks.
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The investment platform said it will seek to increase its investor base, both geographically and with new institutions and is already evaluating opportunities to create more global visibility through new trading venues
“The investment by Negma will also help to open up new markets where we are looking at the possibility of a dual Listing.
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A glance at some of the day's highlights from the Proactive Investors newswire
Supply@ME will pay an initial £4mln in cash and issue 813mln new shares at market price
SYME and TradeFlow are keen to complete the acquisition as soon as practicable.
"2020 saw the groundwork laid for a number of business initiatives which have either been implemented or are close to fruition"
