NMT is given a further £2.5m.
New Millennium Technologies is to receive a £2.5m capital injection from one of its shareholders, ju...
New Millennium Technologies is to receive a £2.5m capital injectionfrom one of its shareholders, just eight months after negotiating a £2m
financing programme with backers to keep the company afloat.
Ockham Holdings, parent company of Highway Motor Policies and one of the
largest NMT insurer shareholders, has reached an agreement with Encompass
International Holdings, NMT's parent, to pump £2.5m into the software
house over the next two years.
Ockham says the money will be used to cover the
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