Tuesday, 28th June 2016

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City News

Small caps news round-up

Thu, 1st Jan - * (ShareCast News) - Investment vehicle Ultimate Sports Group announced on Tuesday that it has raised 0.5m through the placing of 5 million new ordinary shares of 10p each, at a price of 10p per share, with new and existing investors including the some of the company's own directors. The AIM-traded firm said the funds raised will be used to support the rollout of its online platform for children, which measures, motivates and incentivises their personal sporting performance, as well as supporting general working capital requirements.

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