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Upcoming Floats
date	name	activity	location	news
01/08/07	Aisi Realty Public	Property investment	Ukraine
01/08/07	Worldspreads Group	Spreadbetting	Ireland	1
02/08/07	Lewis Charles Romania Property Fund	Property investments	Romania
Late June/Early July	Ludgate Environmental Fund	Investment fund	Jersey
02/08/07	Rapid Realisations Fund	Investments	Guernsey
03/08/07	Et-china.com	Travel services	China
03/08/07	Nordic Land	Property investment	Sweden, Norway
03/08/07	Oakley Capital Investments	Private equity	Bermuda
03/08/07	Sepura	Mobile radio equipment	UK	1
06/08/07	Energybuild	Coal Mining	UK
06/08/07	IdaTech	Fuel cells	US	1
06/08/07	In House Group	Property management	UK
06/08/07	Nviro Cleantech	Environmental technology	UK	1
06/08/07	Wadharma Investments (Kiwara)	Mineral exploration	Zambia
Early August	American Leisure Group	Leisure development	US
10/08/07	Azurite Investments (Hitchens Retail)	Retail investments	UK
10/08/07	Hollywood Media Services	Event services	UK
Missed Stated Date
date	name	activity	location	news
Mid/End-July	Mathon Capital	Commerical property lender	UK
Mid-July	Asia Environmental Partners	Environmental investments	Asia
19/07/07	IMSG	Sales/marketing services	Ireland
Mid-July	Tsar Emerald Corporation	Emerald mining	Russia
18/07/07	Spitfire Oil	Oil producer	Australia
17/07/07	Park Plaza	Hotels	Europe	1
12/07/07	PME African Infrastructure Opportunities	Investments	Africa
06/07/07	Cardsave	Card payments	UK
Early July	Vietnam Infrastructure	Investments	Vietnam
03/07/07	Discover Leisure	Caravan/leisure retailer	UK
Late June	AOI Medical	Orthopaedic devices	US
29/06/07	Equidebt	Debt collector	UK	1
28/06/07	PXP Qudos Vietnam Property Fund	Property Investments	Vietnam
Mid-June	Genesis Worldwide Inc	Construction technology	Canada
07/06/07	Vector Hospitality	Hotels	UK	1 2 3 4 5 6 7 8 9
Recent Floats
date	name	activity	location	news
31/07/07	Connemara Mining Company (CON)	Zinc/Gold Mining	Ireland
Late July	Epicure Qatar Equity (EQEO)	Investments	Qatar
31/07/07	Pan African Resources (Barberton Mines) (PAF)	Mining	South Africa
26/07/07	Tawa (TAW)	Insurance investments	UK
24/07/07	Africa Opportunity Fund (AOF)	Investments	Africa
24/07/07	CapRegen (CGN)	Biotech investments	UK
24/07/07	India Hospitality Corp (IHC)	Hospitality investments	India
20/07/07	i-design group (IDG)	ATM adverts	UK	1
20/07/07	Mineral Securities (MXX)	Resource investments	British Virgin Islands
18/07/07	Mobile Doctors Group (Petsome) (MDG)	Medico-legal reports	UK
16/07/07	Freshwater UK (FWUK)	Marketing/PR	UK
16/07/07	Shieldtech (Base Group) (STEC)	Ballistic protection equipment	UK
13/07/07	Maple Energy (MPLE)	Oil/gas/ethanol	Peru
12/07/07	Dhir India Investments (DHIR)	Distressed investments	India
12/07/07	Superglass Holdings (SPGH)	Insulation manufacturer	UK
11/07/07	China Real Estate Opportunities (CREO)	Property investment/development	China	1
11/07/07	Trinity Venture Capital (TVC) (TVCH)	Investments	Ireland	1
10/07/07	Minerva Resources (Palladex) (MVA)	Mining	Kyrgyzstan, Ethiopia, Sierra Leone
09/07/07	Plant Offshore Group (POGL)	Oil/gas support	Malaysia
09/07/07	Queenco Leisure International (QLI)	Casino operator	Greece
06/07/07	Jetion Holdings (JHL)	Solar cell manufacturer	China	1
06/07/07	Mount Engineering (MOU)	Engineering	UK
05/07/07	Cobra Holdings (CBRA)	Wholesale insurance	UK
05/07/07	MobilityOne (MBO)	E-commerce payments	Malaysia

2007-08-01 13:20 (v1.0.3)

ONE of Russias biggest property developers, PIK Group, is planning a $1.5 billion (750m) flotation on the London Stock Exchange.

The Moscow company, which has expanded rapidly with the Russian property boom, is planning to float a stake of up to 15%, making the offering bigger than the $1.4 billion London float last week by AFI Development, a Russia-focused developer owned by the Israeli conglomerate Africa Israel Investments.

Russias PIK to float in London

Maxjet, the low-fares business-class airline, is to follow the lead of rival carrier Silverjet by floating on the London market in a deal expected to value the business at about 100m.

The airline, which began transatlantic services in November 2005, and now operates from Stansted to New York, Washington and Las Vegas in a fleet of five Boeing 767 aircraft, said it intends to seek a listing on the Alternative Investment Market (AIM).

Maxjet plans 100m AIM float to fund growth

Maxjet, the first all-business class airline to fly transatlantic services, will list in London today, valuing the company at more than 100 million.

The Alternative Investment Market listing will allow Maxjet, which is owned by a number of wealthy investors, to start new routes to the United States.

Maxjet to start new routes to US after flotation

IPOs/Flotation Announcements - Tuesday 8 May 2007Boundary Capital - 15/05/07MAXjet Airways Inc. - Intention to floatPlantic Technologies - Late MayPowerflute Oyj - 11/05/07Saltus Euro Debt Strategies - Intention to float

IPOs/Flotation Announcements - Wednesday 9 May 2007Tau Capital PLC (TAU) - First day

Finally, Borat will doubtless be pleased by the stock market debut of Tau Capital, after it raised $250m in a placing on AIM for the purposes of investing in companies in Kazakhastan. The broker Numis Securities led the placing at $1 per share, which raised 25 per cent more capital than was targeted. Tau Capital is the brainchild of Lord Rothschild and Richard Horlick, a former head of investments at fund management giant Schrers. Its shares closed at $1.04, giving new investors a 4 per cent premium.

The Independent

Doctor Mike Lynch was Britain's first software billionaire. His beloved Autonomy flirted with the Footsie during the dotcom boom before falling dramatically out of bed, along with many other techno high-fliers, when the bubble burst in March 2001.

It took some time for him and the company to recover but the shares have doubled since January 2006. Sold down yesterday to 732p at the outset, they rallied strongly to touch 827p and close 34p higher at a 800p amid rumours that US computer giant Microsoft could bid for its Blinkx consumer division before it gets demerged and floated on Aim later this month.

Yesterday's trading: Microsoft eyes Blinkx

The directors of a solar power company are to net a 240m windfall in the biggest flotation yet of a renewables business on the London market.

PV Crystalox Solar, which makes silicon wafers for solar roof panels, is expected to be valued at around 500m when it lists on the main market next month.

Solar power chiefs generate 240m

Crystalox, a company based in Wantage that makes silicon ingots for solar panels, is to list on the London market.

It is expected to be the biggest IPO by a company involved in renewable energy in the UK, valuing the business at 500m.

The company is to issue 50m in new shares and existing investors will float 100m, making 150m in total available to the market.

Biggest ever renewables company to list in London

The on-off float of Capital Pub Company is back on track after the unbranded pubs group appointed two new financial advisers.

Capital Pub orders Aim-listing

Speculation today mounted that the Robert Tchenguiz-backed Leon healthy fast-food chain is destined for a stock market flotation after it hired Coffee Republic's finance director to become its numbers man.

Leon builds appetite for float

Booker, the cash-and-carry group owned by the Icelandic investment group Baugur, is set to return to the public market after agreeing a reverse takeover by Blue Heath Holdings.

Booker to make stock market return

IPOs/Flotation Announcements - Thursday 10 May 2007Blueheath Holding - 04/06/07DiamondTech Inc - 15/05/07FollowUs HoldingsICB Financial - 17/05/07Roxi Petroleum - 21/05/07

The Finnish mining group Talvivaara is to list on the London Stock Exchange, aiming to raise at least 250m to open a nickel mine in Finland.

Talvivaara, which is 54 per cent owned by its chief executive, Pekka Pera, owns one of Europe's biggest deposits of nickel. It aims to use a more environmentally friendly form of extracting nickel from ore, known as bioheapleaching technology.

Analysts expect the company to be valued at more than 400m when it is listed.

Finnish miner seeks London listing to exploit nickel assets

Dealers kept an eye on Tembusu, which will invest in financial companies in Asia. It floats today on Aim and at its issue price of 10p will have a market capitalisation of 6m. The groups directors include Jonathan Rowland, the former chief executive of Jellyworks, which was bought by Shore Capital in 2000. Vantage Corporation in Singapore, the oldest listed company there, is also a backer.

Aim Focus

Financial advisers Bestinvest, one of the UK's largest independent advisers and brokers, is set for a sale or flotation in a move that could see it valued at up to 150m.

Bestinvest considering sale or flotation

VTB's supervisory board late Thursday approved the final pricing of its initial public offering at 13.6 kopeks per share, a 2.16 percent discount on the upper price range, Interfax reported.

The decision, made during a meeting with underwriters, cleared the way for shares to start trading Friday in Moscow and London.

VTB Prices Shares Near the Top Value

AN OXFORDSHIRE company is to float on the main London Stock Exchange, 25 years after it first came up with a technique for growing silicon. PV Crystalox Solar of Milton Park, near Abingdon, hopes to raise 54m in the biggest initial public offering (IPO) of shares by a UK renewable energy company.

The move, which means Crystalox would be valued at 500m, is light years away from the 1982 start-up of the company, which this year won its fourth Queen's Award for Enterprise. Its first home was a shed in Wantage, containing just four employees. Now Crystalox, driven by increasing demand for photovoltaic cells to convert sunlight into energy, has two buildings at its Milton Park headquarters and two more buildings in Culham.

Solar power company to float

The first quarter of this year seemed to signal a cooling of interest in the Alternative Investment Market as it recorded its worst admissions performance for three years and its worst fundraising performance in two but the future is still rosy

Alternative Investment Market: still bullish

VTB, Russia's second-biggest bank, has priced its shares at the top end of the expected range, making its flotation in London the biggest in the world so far this year.

The shares were priced at 0.136 roubles per share, and $10.56 (5.34) per global depositary receipt GDR, which represents 2,000 shares.

The company will have a market capitalisation of around $35.5bn, while the total offer size is $8bn, which VTB said would be the largest flotation anywhere in the world this year.

Russian bank float will be the biggest IPO this year

IPOs/Flotation Announcements - Friday 11 May 2007Blinkx plc - 22/05/07JPMorgan Progressive Multi-Strategy Fund - 15/05/07Powerflute Oyj (POWR) - First dayTembusu Investments Limited (TIL) - First dayTemplar Minerals Ltd (TMP) - First day

London has extended its lead over New York in the race to attract multibillion-dollar stock market flotations as the cost of fending off US securities lawsuits soars.

London takes big lead in the race to win flotations

Shares in Hargreaves Lansdown will be priced at the top of their range when the stockbroker begins conditional trading next Tuesday, netting its two founders 150 million between them.

Sources said that the stock was likely to be valued at 160p, the upper limit of the 140p-160p range set when the float was announced last month, after becoming many times oversubscribed.

Hargreaves founders in line for 150m in top-of-range flotation

Saga, the insurance and travel company that caters to the over-50s, is gearing up for a 2.5bn float in the autumn and intends to offer a significant portion of the equity to individual private investors.

Saga geared up for 2.5bn flotation plans

ULive, a company set up to commercialise research from Liverpool University laboratories, will raise 20m when it floats on the Alternative Investment Market next month. It will have an initial market value of 70m.

The company, which will begin marketing the deal this week, is the latest in a string of public listings of university technology transfer groups in the UK. Imperial Innovations, linked to London's Imperial College, floated last summer. Others include BioFusion, which has commercialisation agreements with Sheffield and Cardiff universities, and IP Group, which has links with Oxford and others.

ULive aims to float to success on back of university research

Potential investors in one of the -largest flotations to come to the London Stock Exchange have started to raise concerns about conflicts of interest in the new company's complex management structure.

The presence of Richard Balfour-Lynn, the property entrepreneur, and Sir David Michels, the former chief executive of the Hilton Group, on the boards of five companies involved in the 2bn flotation of hotel company Vector Hospitality has emerged as the chief cause for concern among investors who have contacted The Sunday Telegraph. An internal research note produced by one of the advisers to the flotation, Goldman Sachs, also highlights the potential problem.

Property tycoon courts controversy with float

THE online price-comparison group Moneysupermarket is negotiating a deal that could pave the way for a 1 billion flotation of the business.

The company is in talks with a number of banks about raising more than 150m to buy out one of the companys joint founders seen as essential if the business is to seek a stock-market listing.

Website to buy out silent founder

Diamondtech, which has developed laser technology that can find diamonds from among tonnes of gravel, will float on Aim tomorrow with a value of 22m.

The South African-based company has raised 4.25m, which will be used to manufacture the laser diamond recovery units.

Diamondtech float will fund laser detectors

When MAXjet and Eos started shuttling well-heeled passengers between Stansted and New York in 2005, many observers were convinced that the brave experiment was doomed to failure.

MAXjet is going to the Alternative Investment Market to raise more cash, while Eos, said to be the most generously funded start-up in US aviation history, pumped another $75m (37.74m) into the business last year.

How minnows defied the sceptics

A 157-year-old Liverpool brewer owned by two second-generation Indian brothers is to join the stock market through a reverse takeover of Honeycombe Leisure, the AIM-listed pub operator.

Robert Cain & Co, which was rescued from collapse five years ago by the Dusanj brothers, will announce this week that it is being subsumed by Honeycombe in a deal that values the enlarged company at about 37 million, including debt and loan stock.

Liverpool brewer heads for stock market

The well-received stock market debut last week of Interactive Brokers, the US broker-trader, offered further proof that a so-called Dutch auction can be a viable alternative to the traditional float managed and controlled by Wall Street.

Dutch auctions prove viable alternative to IPOs