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 that 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, made by Swindon-based Recycling Technologies, is a big win for The Mail on Sunday’s “Fair Play For Small Investors” campaign.
Success: Swindon-based Recycling Technologies’ decision is a big win for our “Fair Play For Small Investors” campaign
We believe that all publicly traded companies should embrace so-called “retail” investors. Most of them shun them for the benefit of the city’s institutions. Recycling Technologies will be listed on the AIM market.
The company was unable to speak to MoS prior to the float for legal reasons, but has already raised funds from retail investors through crowdfunding.
Its machines turn plastic waste into an oil that can then be used to make new plastic.
Over 1,000 investors have so far supported our campaign through the publicinclusion.co.uk website.