28th Oct 2024 13:04
Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK - Selkirk expects its initial public offering on AIM in London will take place early next month, having originally planned it for October. The company is currently half owned by London Main Market-listed investor Kelso Group Holdings PLC and half by fund controlled by Belerion Capital. Selkirk hopes to raise GBP7.5 million in the IPO, which will be led by Zeus Capital Ltd as nominated adviser and broker. Once listed, it aims to buy a company with an enterprise value of between GBP30 million and GBP1 billion in a reverse takeover.
By Tom Waite, Alliance News editor
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