The London Tunnels Amsterdam listing: A 'novelty investment' or another loss for the UK?

Investment Week

Trading is supposed to commence today (27 June), with a market capitalisation of around £130m and a fundraising target of £30m, although £24.5m has already been “irrevocably committed” by 15 investors. The move left industry players split as to what the rationale behind shunning London for a European market may actually be. Although the FTSE All-Share was hardly affected by the decision, considering it was up 0.5% when the London Tunnels revealed its plans on Monday (24 June), Russ Mould, investment director at AJ Bell, noted the small size of the deal could be one of the reasons behi…

The full article is available here. This article was published at Investment Week.