The interactive betting software developer postponed its plans to raise additional funds through the issuing of new shares on London\’s Alternative Investment Market due to adverse market conditions.
The company is investigating the possibility of a listing of its shares on AIM without issuing new shares.
“We believe that the current market price does not properly reflect the opportunities and growth prospects of the Company. We are confident that Zone 4 Play will continue to benefit from the growing demand for multi-platform solutions and the Company\’s current cash resources are sufficient to deliver and execute our existing business plan,” said the company\’s CEO, Shimon Citron.
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