LONDON -- CityFibre Infrastructure Holdings plc (AIM: CFHL), the company that owns, builds and operates fibre optic infrastructure, is pleased to announce that Admission and trading of its Ordinary Shares commences at 8.00am today on the AIM market of the London Stock Exchange (“AIM”). Please find attached the full announcement.
The Fundraising raised approximately £16.5 million, before expenses, through the issue of 27,653,276 Ordinary Shares;
The total number of Ordinary Shares in issue at Admission is 52,314,648, giving the Group a market capitalisation of approximately £31.4 million at the Issue Price;
The proceeds of the Fundraising will be used to expand the Group’s fibre optic infrastructures, by connecting businesses, local government and consumer customers to its networks, and to deploy infrastructure in selected regional cities, either through the construction of new networks or the acquisition of existing fibre infrastructure;
finnCap plc is acting as Nominated Advisor and finnCap plc and Liberum are Joint Brokers to the Group; and
CityFibre’s TIDM Code is CFHL and its ISIN number is GB00BH581H10.
Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.