Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Mobile experiences developer Dev Clever said it had agreed to acquire education-sector digital agency Phenix Digital with a combination of casgh and shares.
Dev Clever would pay £0.1m in cash and issue 3,571,429 new ordinary shares of 1p each in the capital of Dev Clever.
'The acquisition aligns with the company's strategic focus on the education sector and presents Dev Clever with an opportunity to expand its capabilities through the addition of experienced direct sales employees, as well as Phenix's existing clients and relationships,' it said.
At 2:56pm: (LON:DEV) share price was +0.15p at 3.15p