Share dealing in Strategic Thought Group plc commenced today on the London Stock Exchange Alternate Investment Market. The ordinary shares will open at 120p with a market capitalisation at the placing price of £30 million.
Richard Higgs, Chief Executive, commented this morning,
“This represents a new chapter in our company’s development. It will enable us to expand and improve the services that we offer to global our customer base. We believe that there is tremendous growth potential in both Active Risk Manager and our Solution & Integration Services offerings: Our status as a publicly-quoted company will help us to maintain our leading position as the enterprise risk market develops and the requirement for enterprise integration continues to grow.
I would like to thank the entire Strategic Thought Group team and our customers, for helping us to get to this important milestone.”