Osborne Clarke advises Actual Experience plc on £16m share placing
Actual Experience plc (AIM: ACT), the analytics-as-a-service company, has raised £16m from new and existing shareholders.
The proceeds of the placing will be used to fund future growth and strengthen the group's balance sheet.
Dave Page, CEO of Actual Experience commented:
"The Placing enables the Company to significantly increase its sales teams and further enhance the technology development team as we look to capitalise on our growing pipeline and beyond.