Hampshire-based pubs operator and brewer Upham Group plans to raise £12m when it floats on AIM. That is expected to value the company at up to £35m, which suggests that the issue price is likely to be near to the most recent ordinary share issue price of 140p. Upham also raised £5m from a preference share issue last year. The cash will enable Upham to buy more pubs and double the size of its estate to 30 pubs by 2021. Revenues grew from £1.2m in 2012 to £12.2m in
09 May 2016
AIM JOURNAL
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
AIM JOURNAL
Nasstar (NASA:LON), 0 | Focusrite PLC (TUNE:LON), 358 | Mayair Group (MAYA:LON), 0 | Inspiration Healthcare Group PLC (IHC:LON), 29.0 | Fishing Republic (FISH:LON), 0 | VietNam Holding Limited (VNH:LON), 365
- Published:
09 May 2016 -
Author:
Northland Research Team -
Pages:
12
Hampshire-based pubs operator and brewer Upham Group plans to raise £12m when it floats on AIM. That is expected to value the company at up to £35m, which suggests that the issue price is likely to be near to the most recent ordinary share issue price of 140p. Upham also raised £5m from a preference share issue last year. The cash will enable Upham to buy more pubs and double the size of its estate to 30 pubs by 2021. Revenues grew from £1.2m in 2012 to £12.2m in