RE: RE MED IPO next week10 Apr 2021 12:04
from RNS:
ED, currently a 100% subsidiary company of Kibo Energy Plc and the 100% holding company of Sloane Developments Ltd ("Sloane"), is listing on the Official List of the London Stock Exchange on 14 April 2021.
As announced on 5 February 2021, MED has raised in excess of £5 million through a Placing of 44,320,000 Ordinary Shares of 188,564,036 for its upcoming IPO, giving it a market capitalisation on listing of c. £23 million. MED will remain a Kibo subsidiary after listing with Kibo holding 55,42% interest on the day of Admission.
The recent admission document mentioned market cap of £23,5 million