Transact parent IntegraFin to float on London Stock Exchange

According to IntegraFin, the move will enable selling shareholders to realise some or all of their investment; create a liquid market in the ordinary shares for existing shareholders; and provide the company with access to capital markets, if required, "to aid future growth". It added the executive directors of the company, the chairman and certain other shareholders were expected to enter into "customary lock-up arrangements" with respect to their shareholdings for specified periods of time following the initial public offering (IPO). The company and its advisers have approached the ...