ISV Patsystems has issued 10m additional shares at a price
of 15 pence per share in response to what the firm called
"institutional demand following recent interim results".
Earlier this month, Pats posted its first quarterly profit
(see FO Week Vol 10 No 31). The share issue allowed
Pats to offset some of the £550,000 in losses on the
first half of this year.
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