30.8.2017

Xpediator Plc supported by CEE Attorneys appeared on AIM – sub-market of London Stock Exchange

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For over a year Radu Boanta and Nicolae Ursu, Partners of CEE Attorneys office in Bucharest, Romania supported by Simona Gheorghe, Managing Associate, have provided a comprehensive legal assistance during the process of initial public offering (IPO) of Xpediator Plc’s shares on AIM – Alternative Investment Market – the sub–market of the London Stock Exchange.

With the support of CEE Attorneys Xpediator Group – the controlling company of Delamode, Pall-Ex and Affinity brands, a leading provider of freight management services across the UK and Europe (Romania, Bulgaria, Macedonia, Montenegro, Serbia and Moldova), which now employs more than 600 people – was admitted to trading of 11 August 2017 and has raised 5 million GBP as part of the float. The firm will have a market capitalisation of GBP 24.2 million. Xpediator is now focused to use proceeds from IPO for M&A transaction and to accelerate growth plans, according to Stephen Blyth’s statements (Xpediator CEO).

AIM is the London Stock Exchange’s international market for smaller growing companies. A wide range of businesses including early stage, venture capital backed as well as more established companies join AIM seeking access to growth capital.

Xpediator Plc supported by CEE Attorneys appeared on AIM - sub-market of London Stock Exchange