Games developer makes £145m stock market debut
A Sheffield-based games developer has made its debut on the stock exchange this morning in a listing which values the business at £145m.
Dealings in the shares of Sumo Group, one of the UK's largest providers of creative and development services to the video games and entertainment industries, got under way under the ticker "SUMO".
On admission to London’s junior market, the company has a market capitalisation of £145m following a £78.15m fundraise.
The placing of ordinary shares at 100 pence per share raised around £38... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
