CAT 1.24% $2.38 catapult group international ltd

Small afr piece today: ASX-listed Catapult Group International...

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    Small afr piece today:

    ASX-listed Catapult Group International has raised $6 million following a heavily-oversubscribed placement to new investors, sources told Street Talk Online on Thursday.
    Listed sports technology firm Catapult Group International has raised $6 million following a heavily-oversubscribed placement to new investors, sources told Street Talk Online on Thursday.
    Sources also suggested legendary small-cap funds manager David Paradice has joined the register alongside Pengana Capital.
    It's believed Paradice's investment is below the substantial threshold.
    US billionaire Mark Cuban is among the the shareholders of Catapult, which has surged in value since listing on the ASX last December.
    The company - whose founders Shaun Holthouse and Igor van de Griendt are CEO and COO - manufactures and sells global positioning and indoor stadium tracking systems for athletes and elite sports teams.
    Adir Shiffman is Catapult's executive chairman.
 
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