Dillistone (GB:DSG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into GB:DSG stock, check out TipRanks’ Stock Analysis page.