Likewise sees shares leap on first day of trading

Flooring distributor Likewise saw its stock market valuation jump by millions of pounds on its first full day of London share dealing.

The group had raised £10m of investment on the AIM market, valuing it at £48m.

However it ended the day worth £56.64m, a rise of 18%.

‘Likewise is delighted to be listed on AIM in order to create access to capital and accelerate our growth aspirations. We would like to thank all our advisers. We very much appreciate the endeavours of our excellent management and staff to establish a business in the past three years. Particular thanks to our suppliers and customers for their support in our brief history to date and we look forward to continue developing that relationship to our mutual benefit in the future,’ says Tony Brewer, Likewise ceo.

LikewiseRadial Park Bham

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