Halladale Group plc to AIM - 27th April 2001
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The Exchange is delighted to welcome Halladale Group plc to AIM - the London based market for fledgling and growing companies.
In 1991, when Halladale was founded, it focused on properties in the Scottish property market. Today the Glasgow based company has expanded to cover the UK.
The company's core activities are acquisition, asset management or development and subsequent disposal of commercial companies.
Halladale's strategy involves using the strengths of its management team to identify relevant market places, where, over a three year period, the company manages and develops the property with the aim of raising a good return on capital. The team achieve this through due diligence, specific attention to detail throughout the project and careful monitoring of the projects final performance.
The company intends to use the profits from its flotation on AIM to fulfil its strategy, its asset management and its development activities.
Placing Statistics
Placing price - 50p
Market Cap at admission - 8.4m
Money raised - 1.9m
For additional information, please contact:
Nomad - Noble and Company
Nombro - Teather and Greenwood
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