Scots firms encouraged to take aim at stock market

Informatics Ventures has teamed up with TalentSpark and the London Stock Exchange (LSE) for a summit to encourage more Scottish businesses to consider a market flotation.
Steve Ewing, Programme Manager at Informatics Venture with Jane Kennedy of TalentSpark. Picture: ContributedSteve Ewing, Programme Manager at Informatics Venture with Jane Kennedy of TalentSpark. Picture: Contributed
Steve Ewing, Programme Manager at Informatics Venture with Jane Kennedy of TalentSpark. Picture: Contributed

The event – due to take place this Wednesday at Edinburgh’s Balmoral Hotel – is aimed primarily at technology, life sciences and food and drink companies.

Scotland-based enterprises on the LSE’s junior Alternative Investment Market (Aim), which was launched in 1995, have seen combined growth of 84 per cent since undertaking an initial public offering (IPO). Success stories include Craneware – up 453 per cent since listing in 2007 – and Smart Metering Systems, which has seen a gain of 370 per cent since 2011.

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Yet Scottish firms are underrepresented on Aim, with just 23 companies from north of the Border out of more than 1,000 in total.

Jane Kennedy of TalentSpark – launched by recruitment firm Eden Scott – said: “There’s a huge opportunity here for Scottish companies to embrace Aim.”

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