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Infocomp’s parent raises £2.1m in new capital

GBST, the parent company of platform technology provider Infocomp, has successfully raised £2.1m in new capital.

The announcement on the Australian stock exchange today comes after GBST suspended trading of its shares last week ahead of the planned rights issue.

As well as the £2.1m, or AUS$4.2m, capital raising though the issue of 6.5 million ordinary shares, it has renegotiated an extension of its £4.9m, or AUS$10m, loan with major shareholder Crown Financial Pty.

The suspension on trading has now been lifted.

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