LONDON (Alliance News) - Shares in AIM debutants Blue Prism Group PLC and Cerillion PLC both rose as they started trading on the junior market on Friday.
Blue Prism raised a gross GBP21.1 million from its listing, placing 27.0 million shares at 78.0 pence per share. The net proceeds to the company were GBP10.0 million, with GBP11.1 million going to the selling shareholders. Its market capitalisation upon admission was around GBP48.5 million.
Shares in the company surged on their debut, rising to 114.00p in early trade, a 46% rise.
Blue Prism designs 'Software Robots' which can be trained to take on routine back-office clerical tasks for businesses.
Billing and charging software provider Cerillion also came to AIM on Friday, having raised GBP10.0 million by placing 13.2 million shares at 76.00p apiece. Cerillion shares rose in early trade, up 9.7% to 83.4p.
Cerillion provides billing, charging and customer management software primarily to the telecommunications market. Its market capitalisation upon admission was GBP22.4 million.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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