better news this morning

Daily Mail Newspaper :

Shares in Financial Development - the renamed Hansard Group - found good support, closing 4p higher at 32, after the company revealed it received subscription monies from investor Terry Ramsden with regard to its recently-announced 10.65m placing.

There were fears that Ramsden was one of the three investors which have dropped out of the placing.

Meanwhile shares in TradingSports Exchange Systems - another company in which Terry Ramsden is involved - got a boost from the Financial Development news, closing up 2 1/2p to 17 1/2p.