British games developer Sumo Digital said on Monday its initial public offering (IPO) was priced at £1 (RM5.45) per share for listing on London's junior market on Wednesday, valuing the company at £145mil (RM791.2mil).
The Sheffield-based developer, which makes games such as Forza Motorsport 7 and HITMAN Episode 5, said the placing of ordinary shares has raised about £38.5mil (RM210mil) , while a vendor placing has raised about £39.7mil (RM216.6mil) for selling shareholders.
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