Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Activeops Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7135T\n ActiveOps PLC\n 29 March 2021\n \n \n \n \n NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION (EACH A \"RESTRICTED JURISDICTION\").\n \n \n \n \n \n \n \n \n 29 March 2021\n \n \n \n \n \n ActiveOps plc\n \n \n (\"ActiveOps\", the \"Company\" or the \"Group\")\n \n \n \n \n \n Admission to AIM and First Day of Dealings\n \n \n ActiveOps (AIM: AOM) is pleased to announce that admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange will become effective and dealings will commence at 8.00 a.m. today under the ticker \"AOM\" and the ISIN \n GB00BLH37Y17.\n \n \n \n \n \n ActiveOps is a leader in Management Process Automation (MPA), providing a SaaS platform to large enterprises with complex and often global back-offices. The Group's software and embedded back-office operations management methodology enables enterprises to adopt a data-driven, scientific approach to organising work and managing capacity. \n \n \n \n \n \n On 25 March 2021, ActiveOps announced a placing of existing ordinary shares which has today completed. The Placing has realised gross proceeds of £75.7 million for the Selling Shareholders. This includes Calculus Capital and Richard Jeffery, the Company's Co-founder and Chief Executive Officer, who will retain a substantial shareholding in the Group, amounting to approximately 13.8 per cent. on Admission. Calculus Capital will retain a shareholding of approximately 6.1 per cent. on Admission. The market capitalisation of the Company at the Placing Price will be approximately £119.8 million immediately following Admission.\n \n \n \n \n \n Investec Bank plc acted as Nominated Adviser, Financial Adviser, Sole Broker and Sole Bookrunner to the Company.\n \n \n \n \n \n Richard Jeffery, Chief Executive Officer of ActiveOps, said: \n \n \n \n \n \n \"Today marks an exciting new phase for ActiveOps, as we seek to deliver on the growth opportunity ahead of us. I am incredibly proud of everything the team has ...