London Stock Exchange (LSE) today welcomed Energy Assets to a Premium Listing on the Main Market. Headquartered in Livingston, near Edinburgh, Energy Assets is a registered Gas Meter Asset Manager. The Company joins the market with a market capitalisation of £57 million, raising £15 million on admission.
Marcus Stuttard, Head of UK Primary Markets & Head of AIM at London Stock Exchange Group said:
"We are delighted to welcome Energy Assets Group to the Main Market this morning. This is the seventh Scottish-based company to join our markets in less than two years, and signals the continued good pipeline of Scottish companies listing in London.
"The London Stock Exchange has a key role to play in nurturing domestic growth across the whole of the UK. Today's listing demonstrates the critical role the equity markets play in helping UK business grow and thrive. Energy Assets will now have access to the deep pool of liquidity and a global profile that a listing on the London Stock Exchange offers."
Outside London and the South East, Scotland has been the strongest UK region for IPOs in the last two years. Today's listing follows Smart Metering Systems who listed in July of last year, raising £10 million. Other companies to join in the period were:
Cupid Plc
Deo Petroleum
3D Diagnostics
Frontier IP
Produce Investments
There are now over 115 Scottish companies trading on London Stock Exchange markets.
