13 August 2021 - acquisition and fund raise

The AIM-listed social media and marketing group has announced the acquisition of Greenlight, a digital advertising and technology company, with over 120 employees in the UK and Eastern Europe.  The latter works with a number of clients including Dixons Carphone, Muller and Furniture Village.  The cost of the acquisition is around £6.8m and to help fund this the company is proposing to raise £6.2m through a placing of shares at 1.35p per share.  This is a transformative deal for the group which will help revenue more than double whilst . . .

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