London Stock Exchange welcomes Zaim Credit Systems plc to the Main Market

London Stock Exchange today welcomes Zaim Credit Systems Plc to close the Market.

Zaim started its activities in late 2011, becoming an important player in the nascent Microfinance Industry in Russia. The Company provides micro loans (average 95 GBP) for micro duration (20-25 days). Large portions of the Russian population, particularly the lowest and poorest segments, were in need of basic Financial Services which banks could not provide: this is what Zaim has branded as the "Blind Spot” of the finance industry.

Siro Donato Cicconi – Managing Director said:
“Thanks to all the men and women who work for our company we have developed our own Service Model that helps to provide Financial Services to that segment of population in a more and more efficient way. The Company’s growth has been strong, solid and now, profitable. We are grateful to London Stock Exchange to have opened the door to the most prestigious Financial environment and today, we offer to investors the opportunity to participate in the incredible opportunity we see in the market. We are here today for our Primary Ordinary listed shares issue. We have issued 104.000.000 ordinary shares at 2,5 pence price per share for overall raise of 2.600.000 GBP. All proceeds are destined to our loan book growth both on the Stores network and on the On-Line platform.”

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
6.93
Listing/Admission to trading
04 Nov 2019
Looking for new and recent issues?

More recent

London Stock Exchange welcomes Industrials REIT to the Premium Segment of the Main Market

London Stock Exchange welcomes Industrials REIT to the Premium Segment of the Main Market. The UK multi-let industrial (MLI) REIT announced this move in December 2021 and began trading on Premium Segment of the Main Market on 20 December. The Company is also listed on the Johannesburg Stock Exchange in South Africa and has migrated to a secondary listing on its main board.

Industrials

Learn more
31.36
London Stock Exchange welcomes The Arab Federation of Capital Markets.

  General Overview 

The Arab Federation of Capital Markets (AFCM) is the Arab industry group for Exchanges and Clearing houses, and Financial Institutions around the Arab regions. It was established in 1978 to be the guiding body for the Arab Stock Exchanges, under the recommendation of the Arab Central Ban

Learn more
121.96
London Stock Exchange welcomes EnSilica plc to AIM

EnSilica is a designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit). ASICs are Integrated Circuits or semiconductor chips developed for a particular use or product rather than for general purpose usage.  ASICs help differentiate products through optimised hardware making products smaller, faster, lower power, improved security, add

Learn more
31.48
London Stock Exchange welcomes OQ celebrating their inaugural bond listing on the Main Market

OQ is a global integrated energy company with deep roots in the Sultanate of Oman that provides solutions across the value chain from upstream to midstream and downstream applications. OQ has solid position as a leading local and global energy company.

OQ counts with a large number of quality assets and a diversified international footprint with excellent export market access.  <

Learn more