Fladgate advises Gfinity on £3.7m placing

Our team: David Robinson

Fladgate has advised AIM listed Gfinity PLC on its £3.7m placing of 74m new ordinary shares to provide funding for growth and general working capital.

Gfinity is a leading UK-based electronic sports (eSports) company which organises and hosts live tournaments at which top international players and teams compete in best-selling games such as FIFA and Call of Duty: Advanced Warfare. The company secured 58.5m on-line views for its 2015 championship series and now has a registered user base of over 590,000.

Gfinity was advised by capital markets partner David Robinson.

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