Rightmove founder brings legal service to London's junior stock exchange | Business | The Guardian
An online conveyancing service set up by Rightmove founder Harry Hill will become the first property-linked legal company to list on Aim today. In-Deed Online allows people buying or selling a home to track the legal process from instruction to completion. The website was launched by Hill, the former chief of estate agents Countrywide, and Peter Gordon, a former partner at private equity group 3i. Former Nationwide chief executive Philip Williamson and former Wall Street trader Boris Zhilin are non-executive directors.
The firm which has raised £2.9m in a pre-IPO placement is raising £1.6m by selling up to 3.7m shares at 42p to institutional and other investors. The business is set to join Aim with a market value of £8.6m.
Hill and Gordon will keep a stake of 10% each and are locked in to their investment for a number of years. Other investors include Octopus Investments and fund manager Henderson, as well as Andrew Black, the co-founder of Betfair. He invested in the pre-IPO round in May at 42p and owns nearly 3% of the company.
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment