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IN BRIEF: Public Policy starts life on AIM with GBP146 million value

16th Dec 2021 20:43

Public Policy Holding Co Inc - Washington, DC-based US government affairs business - Starts trading on AIM market in London on Thursday with a market capitalisation of GBP146.1 million. The US lobbying and government affairs company raises GBP30.7 million as part of its initial public offering at IPO price of 135 pence each.

"The level of support we have received from high quality institutional investors is a great endorsement of the strength of our business. Admission to AIM and the funds raised will support plans to further scale our proven business platform and we look forward to delivering on that strategy," says Chief Executive Officer Stewart Hall.

Current stock price: 139.50p, up 3.3% from IPO price

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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