Yorkshire technology firm WANdisco has confirmed that it is exploring moves to list on an American stock exchange
A statement from the Sheffield-based firm comes at a time when the UK stock exchanges are under pressure following a number of moves from companies linked to this country to instead seek listings in the US. WANdisco - which is dual headquartered in the UK and the US - has released a statement following recent speculation in which it says it had always stated an ambition to have an American listing.
The statement says: “As a dual UK and US headquartered technology company, WANdisco has long-stated its intention to consider an additional listing of its ordinary shares in the United States. The company can confirm that it is in the early stages of proactively exploring this option.
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“The company also confirms that it remains committed to London’s Alternative Investment Market (“AIM”) and to maintaining its current UK AIM listing.”
In January, WANdisco said that it was expecting revenues to have tripled in 2022 and be above $24m, while bookings had soared to $127m. The company - a specialist in distributed computing - was founded in 2005 and has bases in Sheffield and San Ramon, California.
Last week technology firm ARM Holdings said its IPO would be in the US while construction company CRH said it was also moving its main listing to America.
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