Holdings (SSP) begins trading on AIM

Insurance Age staff
01 Nov 2006

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Holdings (SSP), the holding company of Software Solutions Partners, has begun trading on AIM with a share price of 98p, giving SSP a market capitalisation of approximately £70m. The gross fundraising from the flotation of £31m comprised of £15m raised for the company and £16m raised on behalf of existing shareholders. The £15m has been earmarked to allow SSP to fulfil its growth plans. The company said it hoped that the stock market listing would provide a more flexible capital structure and

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