The delayed flotation of Recycling Technologies Group is back on but at a lower valuation than before. Trading on AIM should commence on 5 April.
Recycling Technologies wants to raise up to £30m at a pre-money valuation of £50m. The share price has been set at 110p. The free float should be at least 55%. The books will close on 29 March.
A PrimaryBid offer was launched last November ahead of a proposed flotation before the end of 2021. Recycling Technologies wanted to raise up to £40m and the potential market capitalisation was between £102m and £111m. The indicative share price range was betw...
