Fitzwilliam Capital, a company controlled by the Irish entrepreneur Pierce Casey, listed on the Irish Enterprise Exchange Market (IEX) in Dublin yesterday.
The company, which plans to buy the German-based mobile company Getmobile, is the second firm to be quoted on the Irish Enterprise Exchange since its inception in April.
The exchange is a new market created by the Irish Stock Exchange to meet the demands of small to medium-sized companies.
Following Fitzwilliam Capital's quotation, there are now a total of 10 firms on the market.
Fitzwilliam Capital is a London-listed investment company that recently agreed to buy Getmobile, which is an online and direct seller of subscription-based mobile phone contracts.
Fitzwilliam Capital financed the deal by raising €65 million through an institutional placing arranged by Davy Stockbrokers.
Its shares were introduced to the Irish Enterprise Exchange Market at a price of 86 cent.
Mr Casey, who is a director of Alchemy Venture Partners and management of Getmobile, will own 22 per cent of the firm after the deal is confirmed.
Institutions based in Zurich, London, Edinburgh and Dublin will own about 78 per cent of the firm.
Fitzwilliam Capital will change its name to Getmobile following completion of the transaction.
Shares in Fitzwilliam Capital closed down 3.5 pence sterling (5 cent) at 69 pence in London yesterday.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)