Selkirk Group is a shell that plans to acquire an unquoted business, possibly part of a larger group, or a company that is already quoted. These would be smaller companies in the technology, digital and consumer sectors.
Selkirk was set up by fully listed Kelso Group Holdings (LON: KLSO), which is an active investor, and it retains a stake plus incentive shares that give it an interest in the growth of the company, thereby diluting the other shareholders.
The shares opened at 2.9p and ended the first day at 3.25p. There has been continued trading in the shares since the flotation. On 19...
