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LONDON (Alliance News) - Chocolatier and retailer Hotel Chocolat Group PLC and telecommunications firm Toople PLC on Tuesday began trading on the London market.
Hotel Chocolat has listed on AIM after raising GBP55.5 million in its IPO last week. Based on the placing price of 148 pence, Hotel Chocolat's market capitalisation is GBP167 million.
Shares in Hotel Chocolat were trading at 186.00p early Tuesday, up 26% from the float price.
Toople has listed on the Main Market after raising GBP2.0 million its IPO also last week. Based on the placing price of 8p, Toople's market capitalisation is GBP8.0 million.
Toople shares were at 9.69p on Tuesday morning, rising 21% from the IPO price.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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