Vanco plc to the Main Market - 6 November 2001
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The London Stock Exchange is delighted to welcome Vanco plc to its Main Market.
Vanco plc is a global virtual network operator (VNO). It has established first mover status in the mature deregulated market - packaging together commodity transmission infrastructure into low cost, high quality, customer focused solutions. Its award winning service is called Packaged Network Solutions and includes the design, implementation, security and management of global corporate data networks.
In 2001 Vanco was recognised by the Sunday Times as one of the top 100 fastest growing profitable companies in the UK. Its clients include FT Interactive Data, Staples Office Supplies, Tibbett & Britten, Jefferson Smurfit, Allied Worldwide, Compass Group and Laura Ashley.
Placing Statistics
Placing price - 103p.
Market cap - 53.5m.
Net proceeds of Placing & Employee Subscription - 5.5m.
For further information:
Ed Senior, City Profile (Media Enquiries) 020 7448 3244
John Mumford, Williams de Broe (Sponsors) 020 7588 7511
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