Digital Barriers considers raising 10m pounds

Digital Barriers, a provider of surveillance technologies to international homeland and defence markets, has conditionally placed 7.17m new ordinary shares at 145p per share to raise approximately 10m pounds after expenses for the company to further implement its stated strategy.

Digital Barriers, a provider of surveillance technologies to international homeland and defence markets, has conditionally placed 7.17m new ordinary shares at 145p per share to raise approximately 10m pounds after expenses for the company to further implement its stated strategy.

Tom Black, Executive Chairman of Digital Barriers, said: "Our shareholders have again demonstrated their continued support for our business and their understanding of our strategy and goals through their response to our placing. We remain excited by the opportunities for growth that lie ahead."

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.