Monday November 25 ,2013 : GAMEACCOUNT JOINS MARKETS
Initial trading strong as shares perform well
GameAccount Network floated on the London AIM and Irish Stock Exchanges this morning, with analysts saying that early indicators show shares performing strongly in early trading soon after the markets opened.
The company's market capitalisation stood at GBP 75 million at the time of placing.
“We hope to see more companies do this following the recent change in Government policy which will see investors in ESM companies exempted from stamp duty. We anticipate strong trading in GameAccount Network among the ISE’s international membership base and look forward to a long relationship between its management and board and the Irish market,” commented Deirdre Somers, chief executive of the Irish Stock Exchange (ISE).