Friday, May 26, 2017 10.28AM / Exchange
The London Stock Exchange today welcomes Alfa Financial Software Holdings (Alfa), a developer of mission-critical software for the asset finance industry, to the Main Market, following the company’s £975 million IPO. Raising £254 million, it is the largest company to list in London in 2017 so far.
Nikhil Rathi, CEO of London Stock Exchange plc, welcomed Andrew Denton, CEO of Alfa to open trading on London’s markets this morning to celebrate the listing.
Andrew Denton, Chief Executive, Alfa:
“Joining London Stock Exchange is an important day for everyone at Alfa. We have built a business that is predicated not just on industry-leading technology, but also on a thorough understanding of our markets and deep relationships with blue-chip organisations across the globe.
“We have developed a strong platform from which we will continue to execute our proven growth strategy, and a public listing will be highly effective in supporting our ambitions. I would like to welcome our new shareholders who join us at this exciting stage in our growth.”
Nikhil Rathi, CEO, London Stock Exchange plc:
“Welcoming Alfa to our markets today confirms London’s position as a leading global listing venue, able to attract and support dynamic companies from across all sectors and highlights the exceptional investor appetite for fast growing tech companies.
“Working across the entire financing ecosystem, London Stock Exchange continues to ensure that the fastest growing and most innovative UK and international businesses have access to critical equity growth capital. This is this essential for the companies that deliver jobs, innovation and economic development across the UK.”
London Stock Exchange is playing a leading role in supporting the UK’s thriving tech sector, supporting dynamic tech businesses not only at IPO but throughout their development.
1. Alfa Financial Software Holdings PLC: Company Profile - Bloomberg
2. Alfa Financial Software shares rise sharply on London debut | Reuters
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