Wednesday April 16, 10:21 AM
Longships seeks AIM listing by raising at least 3 million pounds via IPO
LONDON (Thomson Financial) - Longships Plc. said it plans to list on AIM by raising at least 3 million pounds through an initial public offering of 23.08 million shares at 20 pence each.
It (Frankfurt: A0MLX5 - news) said around 64.7 percent of the securities will not be in public hands at admission.
Longships said it will invest in strategic and special situations, and will look to acquire unquoted businesses seeking public quotation.
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