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IN BRIEF: TMT Acquisition rises on first day on London Main Market

11th Oct 2021 11:53

TMT Acquisition PLC - seeking to buy technology, media and telecom businesses - Starts trading on London Main Market on Monday, having placed 25.0 million new shares at 20 pence to raise GBP5 million in its initial public offering. Has a total of 27.5 million shares, so market capitalisation is GBP5.5 million. Harry Hyman, chief executive officer of FTSE 250-listed Primary Health Properties PLC, is non-executive chair for the newly listed acquisition vehicle.

Current stock price: 23.22p, up 16% on Monday

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Primary HealthTMTA.L
FTSE 100 Latest
Value8,809.74
Change53.53