May 12, 2017 / 8:30 AM / 2 months ago

BRIEF-Gfinity says placing of shares to raise 6.25 mln stg

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May 12 (Reuters) - Gfinity Plc:

* Says placing of 31,250,000 new ordinary shares of 0.1 pence each in company at a price of 20 pence per share to raise £6,250,000 before expenses

* Says net proceeds of placing will be deployed for additional working capital purposes Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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