PLUS Market Report – January 2007

Trading on the PLUS market got off to a strong start in the first month of the year, with 69,175 bargains, worth a total of £372 million, representing 460 million shares changing hands on PLUS.

This represents the highest ever monthly total in bargain and value terms since PLUS opened its extended trading offering for business in December 2005. A strong January follows the completion of the first full year of the PLUS market model.

Over 850 small and mid-cap companies are now traded on the PLUS market, 674 of which are PLUS-traded with their listing or quotation on other London markets, and 187 are PLUS-quoted with their listing on the PLUS primary market (as at the end of January 2007). The combined market capitalisation of the PLUS market now exceeds £150 billion.

During 2006, over half a billion trades, worth a total of nearly £3 billion, representing over 5.75 billion shares, took place on PLUS rather than on traditional exchanges. Additionally, 60 new companies floated on the PLUS primary market in 2006, with five further new joiners in January.