TMT Acquisition PLC - seeking to buy technology, media and telecom businesses - Starts trading on London Main Market on Monday, having placed 25.0 million new shares at 20 pence to raise GBP5 million in its initial public offering. Has a total of 27.5 million shares, so market capitalisation is GBP5.5 million. Harry Hyman, chief executive officer of FTSE 250-listed Primary Health Properties PLC, is non-executive chair for the newly listed acquisition vehicle.
Current stock price: 23.22p, up 16% on Monday
By Tom Waite; thomaslwaite@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Primary Health (PHP)