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Sportech Begins Trading on London’s AIM

Published

4 years ago

August 2, 2021

Niji Narayan

Reading Time: < 1 minute

Betting technology firm Sportech has begun trading shares on AIM, the sub-market of the London Stock Exchange for small and medium-size growth companies.

The company began trading on July 28 at a price of £0.20 after switching from the Financial Conduct Authority’s Official List. It made the change to gain “greater flexibility” for corporate transactions, allowing the business to agree and execute transactions faster and with improved cost-effectiveness.

A proposal to switch to AIM was approved at Sportech’s general meeting on June 29. It has cancelled the admission of ordinary shares to the Financial Conduct Authority’s Official List and the London Stock Exchange’s Main Market.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.