Zattikka IPO's on London Stock Exchange AIM

Zattikka has become the first British social games company to float on the London Stock Exchange – and raised over £12m in a single day.

The freemium games publisher, which specialises in mobile and social media titles, has launched on the Alternative Investment Market (AIM) with an initial target market cap of £22m.

Having raised £12.6m in its first day of trading, Zattikka will be confident of reaching its funding target – and will use the proceeds to fund an aggressive growth strategy.