Dillistone (GB:DSG) has released an update.
Dillistone Group PLC, an AIM-listed provider of recruitment industry software, has announced plans to raise funds through the issuance of convertible loan notes and new ordinary shares totaling GBP 360,000. Despite challenging market conditions, the company expects H1 results to align with management expectations and show a significant improvement in operational profitability compared to the previous year. The raised funds, backed by board members and a new independent investor, will serve as additional working capital and support upcoming significant product updates.
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