New AIM admission: Don’t ignore potential dilution at Rosebank Industries

Rosebank Industries shares have gone to a huge premium in their first two days of trading on AIM, but investors should remember that there is potential dilution from incentive shares.

Founders and management of Melrose Industries, one of the three former AIM companies that are constituents of the FTSE 100 index, have set up the investment vehicle to acquire an industrial business. Any acquisition could be worth more than £2bn in debt and shares.

There are A series and B series incentive s...

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