Huddled Group plc, a circular economy eCommerce group, has received commitments for a proposed subscription of up to  £730,000 of new ordinary shares in the company alongside a debt facility of up to £600,000.

Management and connected parties have committed to subscribe for up to £370,000, with existing institutional shareholders, and one new shareholder placing firm orders for £360,000.

The growing company also intends to announce a retail offer via the Winterflood Retail Access Platform to its existing shareholders on the same terms as the proposed subscription for approximately £100,000.