Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Superglass Holdings, supplier of glass mineral fibre insulation, have announced a flotation on the Official List of the London Stock Exchange.
The company has placed £73.5 million of existing shares with institutional and other investors on behalf of selling shareholders via an oversubscribed placing at a price of 180p.
The company expects to raise capital somewhere in the region of £105 million from the flotation.
