5 November 2013 | AIM Market

Kalibrate to Float on AIM

Kalibrate who are market leaders in providing retail planning and pricing tools to convenience store chains and  oil companies announced last week that it was planning to float on the AIM Stock Market in a bid to raise around  £8m.

The Manchester based company that currently employs around 400+ people will float on AIM Market in November and their CEO sees it as an ‘opportunity to both extend our global reach and become even more deeply embedded with the clients we already serve’. Read more….

In other AIM Market news former Rangers director Dave King was set to meet with senior figures from the LSE and the Alternative Investment Market (AIM) board in his continued bid for a boardroom spot at the Scottish Football Club. Read More…

AIM listed Green Dragon Gas has boosted 1P reserves thanks to third party drilling contracts by 400%, the company says it has collected data from these wells that has seen the reserves rise from 59 billion cubic feet (Bcf) to 300 Bcf. Read More…

On a final note, the UK Bar group ‘Eclectic’ plans to float on AIM in a bid to raise ten million pounds for expansion, investing into new site acquisitions and paying off a shareholder loan. The group who own top high street brands such as Fez and Po Na Na has announced that they are intending to float on the AIM Stock Market this month  with chief executive Reuben Harley commenting “I see a great opportunity to grow this business both organically and via selective new site acquisitions”. Read More…

Market Summary

FTSE 100 6763.62 +28.88
FTSE 250 15468.40 +12.71
Dax 9037.23 +29.40
Dow Jones 15639.12 +23.57
Nasdaq 3936.59 +14.55

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