Print Published 5th Dec 2017, 11:33

Reach4Entertainment raising £5.5m

Reach4Entertainment Enterprises, the AIM listed entertainment marketing group, has completed arrangements for a conditional placing of its shares by Allenby Capital to raise £5.5 million before expenses.

The share placing was first announced at the end of last month (see Reach4Entertainment to seek more share capital).   It is conditional upon, among other things, shareholder approval being obtained at a general meeting to be held on 20 December.