Ten Lifestyle Group Successfully Raises £5.9 Million

Ten Lifestyle Group (GB:TENG) has released an update.

Ten Lifestyle Group plc announced the successful closure of its recent Placing, raising £5.9 million from both new and existing investors, with the Bookbuild process attracting increased demand. The global concierge platform, which caters to financial institutions and premium brands, also disclosed a related party transaction involving substantial shareholder Canaccord Genuity. Completion of the Fundraising is subject to shareholder approval at the upcoming General Meeting, with expectations set for the Admission of shares around mid-October.

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