Northcoders Group PLC (LON:CODE) is raising £3.5m when it floats on AIM. The company provides training programmes for software coding and has established itself as the “coding bootcamp of the North.”
The long term aim of founder and chief executive Chris Hill is that the share price will realise £8 a share northwards over time.
More importantly its immediate purpose is to address a digital skills shortage that is impacting the competitiveness of the UK economy.
Hill wants every school child to be able to code, and the money raised at IPO will allow Northcoders to expand across the regions from its current hub in Manchester.
Admission and the start of dealings on AIM are expected to take place on Tuesday July 27.