Path Investments (GB:DGI) has released an update.
DG Innovate plc has successfully raised £786,500 through a placing of new ordinary shares, significantly supported by Norway’s largest financial services group, DNB ASA, amidst strong investor demand. The funds will bolster the company’s short-term financial position, aiding in the establishment of a joint venture with EVage Automotive Pvt. Limited and preparing for a prospective listing on the AIM market. The placing price was set at a discount, and the shares are expected to start trading on the London Stock Exchange in mid-May 2024.
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