CMS WebView plc to AIM - 4th August 2000
CMS WebView plc, a company principally involved in collecting and distributing real time financial data, has joined AIM - the proven platform for future success.
Bob Antell, managing director of Commodity Market Services, oversaw a management buy out of the company from LIFFE in 1997 a move which reinforced CMSs position as a major support service to the commodity futures market.
CMS collects and distributes data to its clients through a number of platforms, consisting of a digital data feed for wholesale clients and WebView which is the new internet-based delivery product.
The funds raised from the flotation will be used to increase marketing activity in order to promote current and new products, an objective that will undoubtedly be assisted by the increased profile generated by joining with AIM - the best performing index in the world last year.
Placing Statistics
Placing price - 10p
Market Capitalisation on admission - 5.5m
Net Proceeds - 2.4m
For further information contact:
Nominated Advisor
Smith and Williamson
020 7637 5377