London Stock Exchange welcomes Osirium Technologies to AIM

  • Cyber-security firm raises £8.8m on AIM
  • Reinforces London’s status as leading venue for technology company fundraising
  • Osirium joins more than 300 technology companies quoted on London Stock Exchange

London Stock Exchange today welcomes Osirium Technologies plc, a UK-based cyber-security software provider, to AIM. The company successfully raised £8.8m at admission at a market capitalisation of £16.2m. To celebrate the occasion, David Guyatt, CEO, Osirium Technologies plc, opened trading on London Stock Exchange this morning.

The company is the latest to join more than 300 technology companies quoted on London Stock Exchange. In October last year, Worldpay raised £2.48bn, the largest fintech IPO of 2015 and the second largest IPO on London in the last decade. It joined Sophos Group, the largest ever cyber security IPO, as well as the first ever ETF tracking the cyber security industry, both also listed in 2015. London’s global leadership has been recognised by Ernst & Young, which named the city as the leading hub globally for Fintech (http://is.gd/POz7Yy)  

Ed Vaizey MP, Minister of State for Culture and the Digital Economy said:

“I’m delighted that UK cybersecurity firm Osirium is opening trading on the London Stock Exchange this morning.  It’s great to see the UK cybersecurity sector continuing to grow, create jobs and innovate. This Government is committed to working with businesses to keep Britain safe in cyberspace, ensuring consumers and businesses are protected.”

Marcus Stuttard, Head of AIM and UK Primary Markets, London Stock Exchange plc said:

“London is at the forefront of many of the world’s most innovative and high growth industries, producing the growth that drives new, high quality job creation. Osirium’s successful IPO is testament that the public markets are a natural home to ambitious, high growth business seeking capital to expand. The support of Government and Tech City in creating an environment in which these companies can flourish has been of significant importance and we will continue to actively support this exciting industry.”

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Tom Gilbert

+44 (0)20 7797 1222
newsroom@lseg.com

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.

Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.

Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH.Clearnet Group, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group’s CSD based in Luxembourg.

LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group’s technology companies.

Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 5,500 people.

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