ScS Group PLC on Tuesday said it appointed Mark Fleetwood as chief financial officer, while current CFO Chris Muir will remain as an executive director until late 2023.
The Sunderland, England-based.
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Wholesale delivery firm Kitwave plots GBP105 million AIM IPO
Fri, 7th May 2021 14:37
(Alliance News) - Wholesaler Kitwave Group PLC on Friday said it plans to join London s AIM junior market, raising GBP64.0 million in the process.
The company, which delivers frozen and chilled goods, such as ice creams, sweets and branded drinks, said it will be valued at GBP105.0 million on admission.
It will raise GBP64.0 million through the placing of 42.7 million new shares at 150 pence each. Existing shareholders will sell stock worth GBP17.6 million.
It plans to list on AIM on May 24. We are delighted with the strong support shown by our new investors, which we view as a highly positive endorsement of Kitwave s strategy to grow and capitalise upon the large addressable market that we are well positioned to serve, Chief Executive Officer Paul Young said.