RE: feverclucker23 Nov 2021 10:28
Hi Troajan,
Not Redcentric, Red Capital listed yesterday :
Red Capital Plc (LSE: REDC) the specialist investment company, announces the admission of its entire issued share capital to trading on the London Stock Exchange. Admission will take place and dealing will commence at 8.00 a.m. today under the ticker REDC and ISIN JE00BLB56J12.
Highlights
§ Red Capital is focused on investment and acquisition opportunities in the business services and technology sectors
§ Company is led by David Williams as Chairman, and Simon Webster as Director, both of whom have substantial experience creating value through accelerated buy-and-build growth strategies
§ Initial placing of £1 million to be used to support the Company's M&A search and diligence activities in pursuit of its first acquisition
David Williams, Chairman, said: "I am delighted to be teaming up with Simon on this new venture. As a highly experienced software and technology entrepreneur, Simon has a superb track record in creating high performing technology organisations, most recently as CEO of CPA Global, which he led over a 20-year period through to its eventual $6 billion merger with NYSE listed Clarivate Plc last year.
"We are seeing a number of interesting opportunities at present, and a London listing creates an ideal foundation from which we can launch our growth strategy."
ROOF - well oversubscribed so lots of interest.
Cheers FC