London Stock Exchange welcomes Scotland’s Energy Assets Group Plc to the Main Market

  • Company raises £15m in a Premium Listing on the Main Market
  • Energy Assets is the seventh Scottish-based company to list on LSEG markets in less than two years
  • Strong pipeline of Scottish firms looking to list

London Stock Exchange (LSE) today welcomed Energy Assets to a Premium Listing on the Main Market. Headquartered in Livingston, near Edinburgh, Energy Assets is a registered Gas Meter Asset Manager. The Company joins the market with a market capitalisation of £57 million, raising £15 million on admission.

Marcus Stuttard, Head of UK Primary Markets & Head of AIM at London Stock Exchange Group said:

"We are delighted to welcome Energy Assets Group to the Main Market this morning. This is the seventh Scottish-based company to join our markets in less than two years, and signals the continued good pipeline of Scottish companies listing in London.

"The London Stock Exchange has a key role to play in nurturing domestic growth across the whole of the UK. Today's listing demonstrates the critical role the equity markets play in helping UK business grow and thrive. Energy Assets will now have access to the deep pool of liquidity and a global profile that a listing on the London Stock Exchange offers."

Outside London and the South East, Scotland has been the strongest UK region for IPOs in the last two years. Today's listing follows Smart Metering Systems who listed in July of last year, raising £10 million. Other companies to join in the period were:

Cupid Plc
Deo Petroleum
3D Diagnostics
Frontier IP
Produce Investments

There are now over 115 Scottish companies trading on London Stock Exchange markets.

- ends -

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tom Gilbert Press Office +44 (0)20 7797 1222

newsroom@londonstockexchange.com

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.

Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com