Live data business confirms it is seeking listing in the US
Big data specialist, WANdisco, says it is in the early stages of seeking an additional listing of its shares in the United States.
The Sheffield-based business, which is led by CEO and chairman David Richards, has today responded to recent press speculation about its plans.
It states: “As a dual UK and US-headquartered technology company, WANdisco has long-stated its intention to consider an additional listing of its ordinary shares in the United States. The company can confirm it is in the early stages of proactively exploring this option.
“The company also confirms it remains committed to London’s Alternative Investment Market (AIM) and to maintaining its current UK AIM listing.”
Sky reported over the weekend (4 March) that WANdisco was working with Evercore Partners on plans to list its shares in New York amid growing concern of the City’s attractiveness.
Richards first talked publicly about the possibility of his business’s shares trading in the US in 2017. The company currently has a market capitalisation of more than £890m.
