By Ian Walker
Pires Investments PLC said Monday that it has raised 500,000 pounds ($609,000) via a premium share placing.
The technology investment company said it has placed 12.5 million new ordinary shares at 4 pence each, a 3.9% premium to Friday’s closing price of 3.85 pence.
“We have a clear focus of investing in next-generation technology and we have clearly demonstrated through both realizations and revaluations that we have an excellent investment portfolio with exciting prospects for growth,” Director Nicholas Lee said.
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