12th Apr 2023 14:15
Seed Capital Solutions PLC - eyeing acquisitions of company with "strong" environmental, social and governance credentials - Shares begin dealings on Standard List of London's Main Market.
Chair Damion Greef says: "The importance of sustainable ESG operating practices are now front and centre in the operating manuals for every business and industry sector. The market opportunities are huge; with a projected compound annual growth rate of 12.9%, ESG-focused institutional investment is expected to grow by 84% to USD33.9 trillion by 2026, making up 21.5% of all assets under management. Seed Capital fully intends to participate in this growth opportunity by investing into businesses operating in market sectors that can display strong ESG credentials."
Current share price would imply a market capitalisation of GBP163.2 million.
Current stock price: 88.00 pence
By Eric Cunha, Alliance News news editor
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