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Feedback plc's Alastair Riddell expands on £1.38mln fundraise and Europe deals

Alastair Riddell, chairman of Feedback PLC (LON:FDBK), spoke to Proactive London's Andrew Scott about a number of new significant orders they've received for TexRAD.

The orders for the patented image texture analysis technology have been placed by prestigious university hospitals across Europe, including the first orders from universities in Belgium and Portugal.

Feedback's this week also conditionally raised £1.38mln through the issue of shares at 1.5p each.

The funds will predominantly be used to expand the company’s sales and marketing services.

Quick facts: Feedback PLC

Price: 1.025 GBX

LSE:FDBK
Market: LSE
Market Cap: £5.53 m
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Restructure sees Feedback Plc positioned for growth

Alastair Riddell, chairman of Feedback plc (LON:FDBK), tells Proactive's Andrew Scott they've merged two of their subsidiaries as part of plans to restructure and simplify the business. Feedback snapped up Cambridge Computed Imaging and TexRAD back in 2014 and both have been operating as...

on 19/4/18

2 min read