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IDE Group Holdings Plc ( (GB:TIA) ) has provided an update.
Tialis Essential IT Plc has announced a significant refinancing move by leading an investment round in Digital Petcare UK Limited. The company has converted £500k into a 14.4% equity holding in Digital Petcare, refinanced £700k into a new loan over 24 months, and repaid £285k of the loan. This strategic decision supports Digital Petcare’s ongoing expansion and market share growth, with over 1,200 sites using its platform in the UK, and aims to bolster its international presence.
More about IDE Group Holdings Plc
Tialis Essential IT Plc is a mid-market IT Managed Services provider, focusing on delivering essential IT solutions to its clients.
Average Trading Volume: 6,636
Technical Sentiment Signal: Hold
Current Market Cap: £15.7M
See more data about TIA stock on TipRanks’ Stock Analysis page.