TELEGRAPH.CO.UK - June 29 - EasyDate, Edinburgh-based online dating business, goes public with a £10m placing on London’s junior market. Founder Bill Dobbie and business partner Max Polyakov are floating their niche-focused dating business on AIM to fund acquisitions and international growth as they attempt to win more of a global market worth an estimated £1bn. Tomorrow’s listing will give the company, which has a turnover of £11.5M, a market cap of approximately £45M as it issues 75 million shares at 60p. EasyDate is currently adding 200,000 members a month, and projects revenues will hit £19M next year. FULL ARTICLE @ TELEGRAPH.CO.UK
Comments