26th May 2022 15:11
Ensilica PLC - Oxfordshire-based semiconductor designer and supplier with design centres in India and Brazil - Shares on Thursday are priced flat from initial public offering price, after AIM listing on Tuesday. Ensilica provides mixed signal application specific integrated circuits. It raised GBP6 million in an offer of 12.0 million shares at 50 pence as part of its IPO. Upon listing, it had a market capitalisation of GBP37.6 million. "Our admission to AIM represents a significant endorsement of our business, which I believe creates an ideal platform from which to accelerate our growth ambitions," says Chief Executive Officer Ian Lankshear, who has a 21% shareholding. Read More
