AppBox Media raises over GBP3m

AppBox Media PLC said that it will have received rebates of almost GBP1million by the end of 2015.

To date, GBP720,000 of EIS claims have been made, with a further 200,000 to be submitted before Christmas.

The company launched its fifth round of fundraising on 14 September 2015 priced at GBP8.12 per ordinary A share of GBP1.00 each. The intention was to raise approximately GBP975,000 from institutional and private investors on the basis of a current Information Memorandum. The company said it has raised 100 percent of the intended amount. The company will issue an RNS announcement at 7am on the 25th November.

To date, AppBox Media has raised over GBP3 million from the High Net Worth and Ultra High Net Worth communities on the basis of a current information memorandum. The company has launched eight gaming apps to date and is on track to launch another ten apps before the year end, including a cooking competition app set for launch at the start of November via the App Store.

AppBox Media Plc is a mobile application software development company. Its products are available across Apple iOS and Google Android, and are available for instant download across smartphone and tablet devices.