Morgan Cole acted for OST, which received a £1m cash injection from 3i to expand its operations. The company specialises in developing software for financial services. Bruce Potter and Guy Constant led the team. 3i was represented by Osborne Clarke’s Greg Leyshon.

Finers acted for NetBet UK, a licensed internet betting operator, in its offer for subscription to raise £1.2m for admission to trade on OFEX . Peter Jay and Ashley Reeback led the team.