Zamano starts trading on London's AIM

Tue, Oct 31, 2006, 00:00

Dublin-based Zamano, started trading on the Alternative Investment Market in London this morning.

The mobile phone services company has raised an estimated €6 million from the listing and intends to use the capital for acquisitions, technology investment and expansion.

The placing price of shares was £0.24 sterling. The company has market capitalisation of £16.3 million (€24 million).

The six-year-old firm, also has a presence in the UK and this year started operating in Australia.