Wimbledon seating provider announces stock market float plan to raise £60 million

0

Wimbledon Arena Events Group stock marketGETTY

Arena Events Squad up for a stock market float this month

The firm will arouse its international profile by joining the junior Aim exchange, raising £60 million which at ones desire provide incentives for senior management and grow the business.

Arena men to 1761 when a company manufactured marquees, banners, flags, carries’ ropes and decorations. 

The All England Lawn Tennis and Croquet Club (Wimbledon) has been a purchaser for 67 years, contracts include the Ryder Cup and PGA European Tour, Glastonbury and Cheltenham horse racing anniversary.

It marks a key milestone in the development of the group

Greg Venal

Chief executive Greg Lawless said in a statement yesterday: “I am happy to announce that our plans to apply for admission to Aim are moving ahead as it take notice ofs a key milestone in the development of the group.

Wimbledon Arena Events Group stock marketGETTY

The All England Lawn Tennis and Croquet Society has been a customer for 67 years

“We believe the listing will not solely raise our international profile but will also enable us to provide additional incentives, by way of a cut option scheme, for our senior executive team around our global machinists.”

The company has 14 operational bases in seven countries across the sphere.

Leave a Reply

Your email address will not be published. Required fields are marked *