Eurovestech8 Dec 2013 11:23
Kalibrate Technologies Update
Eurovestech is pleased to report that this Friday, Kalibrate Technologies (formerly KSS Fuels) will list on AIM on the London Stock Exchange.
Kalibrate has raised £6.0 million. Eurovestech is also selling shares in Kalibrate and will realise £6.6 million. Eurovestech will retain a 20% interest in Kalibrate, which at the IPO price of 79p will value our holding at £5.25 million.
The share issue was oversubscribed and all investors were scaled back. We think that Kalibrate’s prospects are excellent