18 November 2013 | AIM Market

Rightster Debuts on AIM

Rightster the cloud based video business that was setup by Charlie Muirhead has become one of the latest businesses to persue growth by joining London’s Alternative Investment Market raising £20.4 million in the process.

The company that has its HQ in London has said that it will use the funds raised by its flotation to add content owners and publishers to its service as well as engaging in bolt-on acquisitions.

CEO of Rightster Charlie Muirhead has said ‘We expect our growth to come from our focused investment in technology, and we are also in early discussions with a number of possible acquisitions that would accelerate growth through new clients, footprint, expertise and faster monetisation.’ Read More

Other News

In other AIM Market news last week we saw GameAccount Network, the online gaming system and software provider unveiling its plans to float in an IPO The firm didn’t announce how many shares it would be placing but in a statement it did say that it was looking to raise up to £15 million

Last week also saw the company ‘Western Areas Ltd’ announce its proposal to launch its Finnish exploration assets into the AIM listed company ‘Centurion Resources PLC, which upon completion of the transaction will be known as ‘FinnAust Mining Plc’. The proposal if granted approval at next weeks General Meeting will constitute a reverse takeover under AIM rules and admission to AIM is expected around the beginning of December.

Western Areas Managing Director, Dan Lougher, said the Company was pleased to deliver on its stated objective of listing its Finnish assets on the London AIM market.

“We believe our shareholders will be pleased to maintain exposure to the exciting drill targets we’ve identified for high grade copper and nickel in Finland.” Read More

Markets Summary Previous Change
FTSE 100 6693.44 +27.31
FTSE 250 15246.58 -11.35
Dax 9168.69 +19.03
Dow Jones 15961.70 +85.48
Nasdaq 3985.97 +13.23

Similar Articles

11 February 2015 | AIM Market

Fitbug’s shares leap on AIM stock market

Shares in AIM stock market listed Fitbug holdings plc, a provider of online coaching services, soared on news its ‘Slim + Trim Kiqplan’ …

Read More
22 November 2013 | AIM Market

Average daily shares traded in AIM shares reach an all-time high.

The average number of daily shares traded in AIM company shares has exceeded 1 million for the first time in AIM’s 17 year …

Read More
11 April 2013 | AIM Market

Holland Bendelow launch the first guide to AIM cash shells

Holland Bendelow has launched ‘The essential guide to AIM Cash Shells ’. This whitepaper provides an overview for companies that may be considering …

Read More