Wednesday 6 June 2012

Utilitywise raises £6.86m through a share placing ahead of AIM float

Green energy consultant Utilitywise has defied the gloom, raising £6.86m through a share placing ahead of a float on AIM.

Trading in its shares will start next week and it will have a market value of £36.9m.

The company, based in South Shields, Tyneside, was founded in 2006 and trebled its revenues last year to £11.7m. Profits grew to £3.5m.

Read more: http://www.thisismoney.co.uk/money/markets/article-2155057/Utilitywise-raises...

No comments:

Post a Comment