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Acquisition Vehicle daVictus Rises 15% On First Day Of Trading (ALLIPO)

29th Jan 2016 12:30

LONDON (Alliance News) - Shares in Acquisition vehicle daVictus PLC rose 15% Friday on its first day of trading on the London Main Market.

daVictus raised GBP1.0 million though the issue of 10.0 million shares at 10.00 pence per share. Just after midday on Friday, the stock was up 15% to 11.5p.

Its market capitalisation upon admission was around GBP1.1 million.

The Jersey-based company has been created to acquire companies which operate Australian, European or North American food or drink franchises in the Asian market.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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Davictus
FTSE 100 Latest
Value8,809.74
Change53.53