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."
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