13/07/07 Exchange is delighted to welcome NCC Group plc to the Main Market.
13 July 2007
The London Stock Exchange is delighted to welcome NCC Group plc to the Main Market.
NCC Group plc opened the London markets on Friday 13 July, the day the Group completed its move from AIM to the Main Market.
The Group is a global provider of independent IT assurance, security and consultancy services to over 14,000 public, private and not-for-profit organisations, including 92 of the FTSE 100. Headquartered in Manchester and with offices in Central London, Surrey, Munich and San Jose, California, the Group serves the needs of a wide variety of clients worldwide.
The Group operates through three complementary divisions: Escrow Solutions, Assurance Testing and Consultancy, which enable the Group to assure, secure and advise its clients through a range of services which include software escrow, ethical security testing and load and performance testing of web sites.
Rob Cotton, Chief Executive of NCC Group commented:
"Today marks another significant milestone in the Group's history. We have delivered strong growth since joining AIM three years ago with turnover increasing from £14.5 million to £25.4 million in the year to 31 May 2007 and operating profits up from £4.8m to £8.2m over the same period.
“Given our current size, ambitious growth plans and strong prospects, now is the right time to move to the Official List to raise our profile and enable us to access a wider pool of investors.”