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IN BRIEF: Intuitive Investments launches £3.7 million fundraise

ALN

Intuitive Investments Group PLC - Manchester, England-based investor in technology and life science firms - Begins equity fundraise for up to £3.7 million. Will issue 3.6 million shares at 100 pence, with admission expected on September 2. Proceeds will go to Hui10 Inc, IIG’s largest investee. Hui10 is a Beijing-based technology firm which is digitising the Chinese lottery system. IIG estimates having raised £20 million for Hui10 since October 2023.

Current share price: 104.20p, down 11% on Thursday afternoon in London

12-month change: down 26%

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