StockMarketWire.com - Sumo Group, a provider of creative and development services to the video games and entertainment industries, has joined the AIM market.

The company will have a market capitalisation of £145 million, following a £78.15 million total fundraise.

The fundraise raised approximately £38.45 million for the company and £39.70 million for the selling shareholders, both at 100p per ordinary share.

Carl Cavers, founder of Sumo Digital and CEO of the company, said: "Admission to AIM this morning marks a major milestone in our journey. We have always strived for excellence within the business and our aim is to deliver the same level of excellence to the Company's investors, creating value in this exciting, fast growing industry."






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