The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Welcome stories


18 May 2006
18/05/2006 The London Stock Exchange is delighted to welcome Bateman Litwin N.V. to AIM

18 May 2006

The London Stock Exchange is delighted to welcome Bateman Litwin N.V. to AIM.



Bateman Litwin. is an international provider of engineering, contracting and project management services for clients in the Oil & Gas, Power and Chemical industries.


The company operates through two divisions, Energy and Advanced Technologies. The Energy Division serves the oil, gas and power sectors and includes environmental applications within these sectors. The Advanced Technologies Division provides proprietary phosphate and solvent extraction technologies and related process and other engineering and project services to clients in the chemicals, metals, mining and oil sectors.


Bateman Litwin is headquartered in Amsterdam, The Netherlands and has operating centres in France, Kazakhstan, Israel, Italy, Romania, Switzerland and the US, with further offices worldwide.


The capital raised will enable the company to make complimentary acquisitions, support its plans to penetrate new markets, primarily in Asia and the Gulf region of the Middle East, and enhance its existing bonding facilities.


Shuki Raz, Chief Executive Officer of Bateman Litwin, commented: “We are delighted that the admission of the Company to trading on AIM has been completed successfully. The funds raised through the placing will enable us to exploit the growth potential of Bateman Litwin.”

Credit Suisse acted as Sole Bookrunner of the Offer, and as Nominated Adviser and Broker to the Company. Bridgewell Securities and Poalim Capital Markets acted as Co-Lead Managers in the Offer.


.

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds