Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Devolver Digital, Inc.
[{"type":"text","content":"\n \n \n \n RNS Number : 2747R\n Devolver Digital, Inc.\n 04 November 2021\n \n \n \n \n 4 November 2021\n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO OR FOR THE ACCOUNT OR BENEFIT OF US PERSONS, AS DEFINED IN REGULATION S PROMULGATED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE \"US SECURITIES ACT\"), OR IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n \n \nDevolver Digital, Inc\n \n \n \n \n \n (\"Devolver\" or the \"Company\")\n \n \n \n \n \n Admission to AIM and First Day of Dealings\n \n \n \n \n \n \n \n \n Devolver Digital, Inc, an award-winning digital publisher and developer of indie video games, is pleased to announce the admission of its shares to trading on the AIM market of the London Stock Exchange.\n \n \n \n \n \n On Admission, the Company will have a market capitalisation of approximately £694.3 million, with a total of 442,256,716 outstanding shares in issue. In connection with Admission, gross proceeds of £190.9 million were raised by way of an oversubscribed placing of new and existing shares at the Placing Price of 157 pence per share with institutional and other shareholders, of which £36.5 million of gross proceeds are for the Company. As part of the Placing, the Selling Shareholders have agreed to sell, in aggregate, 98,292,740 Sale Shares at the Placing Price.\n \n \n \n \n \n Dealings in the shares will commence at 8:00 a.m. today, 4 November 2021, under the ticker DEVO and ISIN number USU0858L1036.\n \n \n \n \n \n Zeus Capital is Nominated Adviser and Sole Bookrunner to the Company.\n \n \n \n \n \n Devolver Digital overview\n \n \n \n \n \n Devolver is an award-winning video games publisher in the indie games space with a balanced portfolio of third-party and own-IP. Devolver has an emphasis on premium games and has published more than 90 titles, with more than 30 titles in the pipeline scheduled for release over the next two years and beyond. Through recent acquisitions, Devolver now has its own-IP franchises, in-house studios developing first-party IP and a complementary publishing brand. Devolver is registered in Wilmington, Delaware, USA. \n ...