NEW! Investment Companies Centre

Crystal Amber makes AIM debut

News for Spread Betters

PreviousPrevious
NextNext

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Tuesday 17 Jun 2008

LONDON (ShareCast) - Crystal Amber Fund, which will invest in undervalued companies, today issued 60,000,000 shares at a placing price of 100p per share, to raise £60m on AIM.

The group’s shares are currently trading at 102p, giving it a market capitalisation of £61.20m.

Crystal Amber plans to invest mainly in UK listed companies with a market capitalisation of between £100m and £1,000m.

“We are delighted that investors have supported the launch of the Fund,” said non-executive chairman William Collins.

“In current markets, we believe there is value to be unlocked and we will do our utmost to deliver it for our shareholders,” he added.

John East & Partners is the company's nominated adviser and broker.

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).