Winking Studios requests for trading halt, announcement pending
The Catalist-listed game art outsourcing and development firm completed its dual listing on the London Stock Exchange’s Alternative Investment Market last November.
Catalist-listed Winking Studios has requested for a trading halt on Jan 16, and is “pending the release of announcement”.
Winking Studios, which was listed on the Catalist of the Singapore Exchange S68 (SGX) on Nov 20, 2023, most recently proceeded with a dual listing on the London Stock Exchange’s (LSE) Alternative Investment Market (AIM).
On Nov 8, Winking Studios entered into a placing agreement with its nominated adviser, Strand Hanson, and broker, S.P. Angel Corporate Finance LLP.
Under the agreement, S.P. Angel has procured subscribers for a total of 52,666,667 fully paid-up ordinary shares in Winking Studios at a placing price of 15 British pence or 26 cents, with the full consideration at GBP7.9 million or $13.5 million.
Shares in Winking Studios closed 2 cents higher or 6.897% up at 31 cents on Jan 16.
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