31st Oct 2007 08:00
Cyril Sweett Group PLC31 October 2007 31st October 2007 Cyril Sweett Group plc ("Cyril Sweett" or "the Group") First Day of Dealings on AIM Cyril Sweett (Epic code: CSG), the leading international construction andproperty consultancy has today been admitted to the AIM market of London StockExchange plc. 23,911,545 new and existing shares have been placed withinstitutional investors at 110 pence per share (the "Placing Price") raising£26.3 million (before expenses). At the Placing Price, the Company's marketcapitalisation is approximately £60.8million. Brewin Dolphin Investment Banking is the nominated advisor and broker to CyrilSweett Group plc. Commenting on the Group's Admission to AIM, Francis Ives, Chairman of CyrilSweett, said: "We are delighted with the Placing and Admission to AIM. We believe that theGroup is well placed to contribute to the consolidation of the highly fragmentedconstruction market. The money raised will provide us with the acquisitioncurrency to make acquisitions both in the UK and internationally." - Ends - For further information, call: Brewin Dolphin Investment Banking 0845 270 8613Andrew KitchingmanSean Wyndham-Quin Financial Dynamics 020 7831 3113Jonathon BrillBilly Clegg This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CSG.L