Market Tracker weekly round-up—17 February 2017

Market Tracker weekly round-up—17 February 2017
Weekly round-up of the latest corporate announcements, including an IPO by Xafinity plc, secondary offers by Atlas Mara Limited and RWS Holdings plc, reverse takeovers of Simian Global plc proposed acquisition of GVC Holdings Limited, Shanks Group plc proposed merger Van Gansewinkel Group, reorganisations by LGO Energy plc and KEFI Minerals plc, a return of value to shareholders by Fidessa Group plc and LR/AIM Rules transaction by Glencore plc.

New deals announced:

IPOs

Announcement date Issuer Key information
14 February 2017 Xafinity plc Xafinity announced its intention to proceed with an initial public offering. The company has conditionally raised £179.6 million before expenses from an institutional placing of 129,207,141 ordinary shares at an offer price of 139 pence and has applied for admission of its ordinary shares to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities.
Admission is expected to occur at 8.00 am on 16 February 2017 with a market capitalisation of £190.3 million.

LR/AIM Rules transactions

Announcement date Company Key information
13 February 2017 Glencore plc Glencore has announced a related party transaction under Chapter 11 of the Listing Rules.

Reverse takeovers

Announcement date Company Key information
17 February 2017 Simian Global plc proposed acquisition of GVC Holdings Limited Simian Global has announced that it has signed a non-binding letter of intent to acquire the entire issued share capital of GVC Holdings Limited. The Acquisition will constitute a Reverse

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