ADVFN Regulatory News (AFN)

8 Aug 2005 11:04

ALL IPO PLC08 August 2005 All IPO plc ("All IPO" or the "Company") All IPO receives FSA authorisation All IPO is pleased to announce that it has received confirmation from the FSAthat it has approved All IPO's application for permission under Part IV of theFinancial Services and Markets Act 2000. Consequently All IPO is now authorisedand regulated to carry out designated investment business within the UK with FSAreference number 428754. Clem Chambers, Chief Executive Officer of All IPO, commented "I am pleased toreport that we have received our FSA authorisation. This is a major steptowards our goal of bringing the IPO process into the digital age. We havedeveloped relationships with issuers, brokers, venture capitalists, investmentsbanks and other professionals and plan to bring the first offerings to retailinvestors shortly." For further information, please contact Francesca De Franco on 020 7070 0932 oremail francesca@allipo.com This information is provided by RNS The company news service from the London Stock Exchange