AttentiV placing raises £33.3 million

AttentiV Systems Group - formerly known as Lynx Financial Systems - has placed over 60 million of its ordinary shares at 55 pence per share, raising £33.3m prior to its expected debut on the Alternative Investment Market (AIM) on Wednesday.

  0 Be the first to comment

AttentiV placing raises £33.3 million

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Lynx Financial Systems announced earlier this month it intended to raise £30 million by floating shares on AIM, and was rebranding as AttentiV Systems Group.

Of the funds raised, £27.8m was on behalf of the vendor's former parent company, Lynx plc, with a further £5.5m (£3.7 million post-expenses) raised for AttentiV, which it says will be used for ongoing investment and expansion.

AttentiV says the placing was comfortably over-subscribed, with orders received from over 40 different institutional investors.

Sponsored [Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond

Related Company

Channels

Comments: (0)

[New Report] UK Open Banking API Performance 2023-2024Finextra Promoted[New Report] UK Open Banking API Performance 2023-2024