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Tag Archives: equity subscription

US – GAN to strengthen in the US with equity subscription of £7.5m to investors

Simulated gaming pioneer GAN has conditionally raised £7,500,000 through an over-subscribed subscription of 15,000,000 new ordinary shares of £0.01 each per share at an issue price of 50p per Ordinary Share by US institutional shareholders. The subscription shares will represent 17.6 per cent. (approximately) of the enlarged issued share capital of GAN. The company plans…