Place North West | GM-led developer goes public
Neil Tague One Heritage Group, a company focused on delivering residential and co-living schemes in Greater Manchester, has been admitted to the London Stock Exchange’s main market. The Manchester-based developer, which is headed by Jason Upton, whose background is in financial services, has raised £930,000 via a combination of a subscription and a placing through broker Hybridan of 9.3m new ordinary shares at 10p a share, which is fully subscribed. The company’s market capitalisation at the placing price on admission will be £3m. A secondary fund raise is likely to follow later in 2021...
Source: placenorthwest.co.uk