BRIEF-Catapult Group International reiterates FY17 revenue guidance
May 2 Catapult Group International Ltd-
* Reiterates fy17 revenue guidance of between $61.0m and $65.5m
* Is targeting two acquisitions of strategically complementary businesses
* To fund acquisitions co is raising approximately A$14 million via an institutional placement
* 24% pcp growth in elite unit sales to 2,583 versus 2,085 in q3 fy16
* Expected to generate positive group underlying ebitda for fy2017
* Is also extending offer to eligible shareholders via a share purchase plan (spp), to raise up to $3 million
* Institutional placement and spp are priced at $2 per share Source text for Eikon: Further company coverage: