Subsea technology specialist Ashtead Technology has completed its move to the Main Market of the London Stock Exchange, marking what the firm describes as a “significant moment” in its growth journey.
Trading in the company’s ordinary shares began on the Main Market at 8:00am today, with its AIM listing cancelled at the same time.
No new shares are being issued as part of the move.
Chief executive Allan Pirie said: “Today's admission to the Main Market of the LSE represents a significant moment in the Ashtead Technology growth journey.
"I would like to thank our people for their unwavering commitment and hard work in reaching this milestone, along with our shareholders, customers, partners and suppliers for their support.”
He added: “While our AIM listing has served the business well, as a Board, we believe that moving to the Main Market will broaden access to a wider range of international investors, offer greater liquidity in the Group's shares and provide the appropriate platform to execute on our strategy, delivering long-term growth and value creation for all stakeholders.”