Skillcast Group PLC (AIM:SKL), a compliance e-learning and regulatory technology firm, said it raised £3.5mln as part of its initial public offering on London’s Alternative Investment Market.
The placing was priced at 37p per share, valuing the company at £33.1mln on admission.
A further £1.0mln of shares, also conditional on admission, are being sold on behalf of selling shareholders, it said.
Skillcast expects its shares to start trading on 1 December.