Glantus starts trading on London's AIM
Updated / Tuesday, 11 May 2021
08:43
Paula Nolan (Glantus CCO), Maurice Healy (founder & CEO), Geoff Keating (CTO) and Grainne McKeown (CFO)
Irish company Glantus, which provides accounts payable automation and analytics solutions, has today announced its flotation and admission to the AIM market of London Stock Exchange today.
This is the first EU based company to float on London's AIM since Brexit.
Glantus raised £10m through an oversubscribed placing of New Ordinary Shares with investors.
On admission to London's AIM, the compant's market capitalisation will be approximately £37m.
The net proceeds from the flotation will provide the company with equity finance to support its growth strategy by investing in account management, sales and marketing.