Search:
 

Guarding group unlocks AIM

09/05/2008

Mortice Ltd, a Singapore-based owner of Indian guarding and security group Peregrine, is seeking £5 million through an AIM float.

Accountant Grant Thornton is nominated adviser and West End financial group Jermyn Capital Partners broker to Mortice, whose Peregrine subsidiary provides security services, including manned guarding, to more than 450 corporate clients. Mortice also owns Tenon Property Services. Ranjit Rajain is executive chairman and Andrew Barker is chief executive officer.

The £5 million fundraising, at 13p, will value Mortice at £31 million. Only 16.1 per cent of the shares will be in public hands after flotation.

Save 50% off your first year’s subscription to Growth Company Investor magazine, and gain immediate access to all the recommendations online. Click here.


Related Articles:
20/10/2008
02/10/2008
16/05/2008
15/05/2008
15/05/2008

People who read this article also read ...
13/05/2008
09/05/2008
08/05/2008
10/03/2008
18/06/2007

Sponsored Listings

Looking for UK Company Formation We have reviewed and sorted 423 odd links for uk company formation - the top 10 list is presented here.

Uk Company Formations Looking for Uk Company Formations? Search over 15,000 sites with one click. Your source for everything under the sun.

Looking for UK Company Formation Services? Choose from a variety of the UK's favourite great value company formation specialists. Low rates and all the latest offers.