Development of the Ofex

Professional Adviser
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Since its launch in 1995, the Ofex market has made significant progress. As of January 2001, over £9...

Since its launch in 1995, the Ofex market has made significant progress. As of January 2001, over £900m has been raised by constituent companies. Some 49 companies have progressed from Ofex to more senior markets a migration pattern that has increased by over 100% in each year since 1997. The overall capitalisation of the Ofex market has grown at an annualised rate of 13% since 1997, and it currently has in excess of 200 companies with a combined value of £2.4bn. The success of Ofex reflects a balancing of objectives between entrepreneurs and risk-minded investors. Founders of early-stage...

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