Digital screen technology concern Avisis has raised £250,000 of working capital through an undersubscribed offer of five million ordinary shares at 5p per share.
OFEX-quoted traffic management and automated number plate recognition specialist Appian Technology is joining AIM after a £2 million JM Finn-advised placing at 5p.
Labelling and packaging solutions business Application Developments is looking to raise up to £756,000, with the aid of St Helen’s Capital, ahead of a £4.4 million OFEX launch next month.
Entrepreneur Ian Lancaster, who set up Virgin Cars for Richard Branson, is seeking £200,000 at 50p on OFEX for marketing services-oriented shell, Twenty.
Meter-reading technology developer Qonnectis has completed its graduation from OFEX to AIM – raising a net £1.2 million, to fund its expansion plans, with the aid of broker HB Corporate.
Ambitious international business research consultant IQ Holdings, which says it is currently in negotiation with three potential takeover targets, has launched on the OFEX share trading market.
As Deutsche Borse and Euronext slug it out with each other and dissident shareholders in a £1.5 billion battle for control of the London Stock Exchange, one City luminary is quietly licking his lips.
Corporate financier and fund management veteran Duncan Fitzwilliams, who founded one of the early high-tech success stories CASE Communications, has given his blessing to the new-look Ofex.
Pinchas Dror, an Israeli diplomat and industrialist, is seeking to bring Ofex its first Israeli company in the shape of ESPRO Information Technologies.
