News blog
RAM Investment Group
- BY: Andrew Hore |
- POSTED: 26/07/2010 |
- COMMENTS: Add yours
RAM Investment Group has raised £1.03m from a share placing at 4p a share.
A further £200,000 was raised from a convertible loan note taken up by Boldhurst Properties Ltd. The interest rate is 12% a year and the conversion price is 6.5p a share. The redemption date is 7 November 2011.
The cash will help to finance the expansion of the screen networks of its subsidiaries TrainFX and RAM Vision.
Executive chairman Tim Baldwin bought 2.5m of the shares and he owns 7.32% of RAM. Communications director Mark Edmonds bought 1m shares and non-exec Edward Adams 250,000 shares, giving them 0.97% and 1.27% of RAM respectively.
Ruffer acquired 5m shares taking its shareholding to 19.5% and SF T1ps Smaller Companies Growth Fund subscribed for 2.5m shares, taking its stake to 4.32%.
At 4.62p a share, RAM is valued at £5.07m.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Synchronica
Mobile messaging technology provider Synchronica, which is the subject of a contested, all-share bid from rival Myriad AG, has signed a letter of intent with TSX Venture Exchange-quoted Intertainment Media.
DCD Media
AIM-quoted Timeweave has bought convertible loan notes in DCD Media that can convert into a 29.9% stake in the TV programmes producer.
James Cropper
Paper and speciality fibres manufacturer James Cropper is investing $3m in a new manufacturing facility in New York State.
TEG Group
Peter Gyllenhammar has taken his stake in TEG Group to 3.2% following the purchase of 500,000 shares.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|