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Digital Learning Marketplace

  • BY: Andrew Hore |
  • POSTED: 27/03/2012 |

Digital Learning Marketplace is allowing a wider range of investors to become involved with its latest fundraising.

The shares are being issued at 0.2p each. At 0.23p a share, DLM is valued at £1.82m.

Instead of just offering the shares to institutions other investors will get a look in. The share issue qualifies for the Enterprise Investment Scheme (EIS) so investors will get income tax relief at the rate of 30%.

A minimum investment of £500 is required. Share holders have until 5pm on 30 March to subscribe for new shares. There will be presentations to investors that are deemed by FSA regulations to be qualified investors. These will be held between 27 March and 29 March.

Rivington Street Corporate Finance is heading up the fundraising.

The cash will finance organic growth and help pay for acquisitions.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2012_30.pdf

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