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IN BRIEF: Big Technologies shares surge nearly 50% on AIM debut

Wed, 28th Jul 2021 19:19

Big Technologies PLC - UK-based remote people monitoring technology company - Begins trading on London's AIM market on Wednesday. At placing price of 200 pence, firm raised gross proceeds in excess of GBP200 million and had market capitalisation on admission of GBP577 million. Zeus Capital acted as nominated adviser and sole broker on the placing and IPO. "This is a significant step in our growth journey and a special moment for all our staff, customers and stakeholders, to whom I am grateful for their hard work, loyalty and ongoing support. We are proud to be providing another strong example of the UK's continued inventiveness in incubating global technology success stories and excited to begin our life as a public company," says Found & Chief Executive Sara Murray.

Current stock price: 295.00 pence, up 48% from IPO price

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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