Recycling company allowing small investors to participate in its IPO ahead of a listing of its shares next month on the London Stock Exchange
A company that builds machines which recycle plastic is allowing small investors to participate in its initial public offering ahead of a listing of its shares next month on the London Stock Exchange.
The move, by Swindon-based Recycling Technologies, is a big victory for The Mail on Sunday’s ‘Fair Play For Small Investors’ campaign.
Success: The move by Swindon-based Recycling Technologies is a big victory for our ‘Fair Play For Small Investors’ campaign
We believe all firms that list on the stock market should embrace so-called ‘retail’ investors. Most shun them in favour of City institutions. Recycling Technologies will list on the AIM market.
The firm was unable to speak to the MoS ahead of the float for legal reasons, but has previously raised money from retail investors through crowdfunding.
Its machines turn waste plastic into an oil which can then be used to make new plastic.
More than 1,000 investors have so far backed our campaign via the website publicinclusion.co.uk.