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Newsroom | The Exchange Welcomes


DDD Group plc to AIM

 

We were pleased to welcome DDD Group onto the AIMTM market on Thursday 3 January. DDD's proprietary technology provides 3D programming through the conversion of existing 2D content to 3D.

 

DDD Group's principal activities are the development and sale of software and the supply of hardware products and services, to enable the viewing of 3D images without glasses, on suitably adapted TVs or computer monitors, using proprietary software or hardware developed by DDD. Their market development strategy is focused on establishing long term strategic alliances with key industry partners worldwide in the fields of display, content creation and delivery. The company's main operations are in Santa Monica, USA and Australia.

 

The money raised on AIM will be used in developing DDD's long term strategy of establishing its technology as the standard for 3D TV to bring the 3D experience to both corporate and consumer markets.

 

Placing Statistics

 

Placing price - 65p
Market capitalisation at issue - 22.75m
Gross proceeds - 7m
Net proceeds - 5.5m