All IPO & City News
PLUS admits defeat and is set to wind down
The board of PLUS Markets Group has given up its search for a new buyer and initiated an ‘orderly closure’.
Braveheart reaches £500,000 target
AIM-listed investment management group Braveheart has raised £164,000 by way of a subscription by new and existing shareholders for 1,093,333 new ordinary shares.
Sceptre to leave AIM and save costs
Shares in gaming group Sceptre Leisure have slumped after the company unveiled plans to leave AIM in order to save costs.
PLUS companies resist Sharemark offer
Sharemark has failed to entice any PLUS-quoted companies to join its trading platform, as businesses await news on the future of PLUS.
University spin-out joins junior stock market
Retroscreen Virology Group has joined AIM through an initial public offering (IPO) worth £15 million.
AIM fundraising for Red Emperor Resources
Red Emperor Resources, which operates in Somalia, has raised £6.24 million via a placing on the junior stock exchange.
Sports investment firm joins PLUS
PLUS new issue China Sports Development has become the third admission to the junior market during 2012 as part of its plans to tap into the lucrative sports market in China.
SuperGroup gets its sums wrong
A fourth profit warning in 12 months for SuperGroup has come about due to an accounting error.
Zattikka debuts on AIM
Mobile games specialist Zattikka has begun dealings on AIM and raised £12.6 million in the process.
MDC suspends shares on takeover buzz
Media Corporation (MDC) has suspended its shares following reports it is in reverse take-over talks with Gaming Media Group.
New funds for product development
AIM-listed marine software business Software Radio Technology has raised £2.56 million to support its working capital requirements.
Investment and acquisition for Specialist
Energy focused Specialist Energy Group, which is listed on AIM, is set to receive new investment from major shareholder MBE, an Indian contracting giant.
Spring dealings for Auhua
Renewable energy business Auhua has become the latest Chinese addition to AIM.
New listing for NMC
UAE-based healthcare provider NMC Health has commenced conditional dealings on the premium listing segment of the London Stock Exchange.
Game suspends shares
The high street slump has led to the videogames trader taking the step to suspend its shares.
Fundraising for Range Resources
AIM-listed Range Resources is set to raise £18.75 million by way of a placing.
AIM float on agenda for Sylvan
American oil and gas company Sylvan is looking towards the junior stock market to grow its output.
Fundraising scoop for Condor
AIM-listed gold explorer Condor Resources has raised £2.5 million by way of a placing.
Naibu looks to AIM
With plans to list on AIM, Naibu would become the first Chinese sportswear brand to secure a London listing.
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