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Shares in Ardent Group plc, a specialist provider of equity release products for senior citizens in Ireland, began trading yesterday on IEX, the Irish Stock Exchange’s specialist market for small to mid-sized companies.
Ardent Group plc is the 7th new company to be quoted on the IEX market this year and brings to 20 the total number of companies on the market.
Speaking on the commencement of trading, the Irish Stock Exchange’s Director of Listing, Deirdre Somers, said: “The listing of Ardent Group plc on IEX further highlights the advantages that IEX can offer to companies already listed on AIM by increasing their profile and visibility in Ireland, and by providing access to capital and enhanced liquidity through a euro denominated quote and trading facility. Ardent is the 12th new company to join IEX since its launch in April 2005, bringing the total number of companies listed on IEX to 20”. Davy Corporate Finance is acting as IEX Adviser to the Company.
