New AIM admission: Lendinvest

Property finance asset manager Lendinvest has floated so that it can continue to increase its funds under management and particularly its platform assets under management. A greater proportion of platform assets are likely to be lower risk with longer durations. There will also be further investment in technology.

Management believes it can double underlying EBITDA margin and grow underlying EBITDA by up to five times over the medium-term. Greater efficiency will help with this target.

Th...

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