Summary
Sir Terry Matthews' South Wales-based hi-tech venture Newport Networks has seen its share price surge strongly since floating last March. The company, which has headquarters in Chepstow, specialises in the rapidly growing voice over internet protocol (VoIP) communications technology.
Shares were placed with institutional investors at 71p in a offer which was oversubscribed by nine to one. Shares in Newport closed on its first day of trading at 91p.See the full content of this document
Extract
Sir Terry's Hi-Tech Venture Sees Share Surge
Since then, the share price has continued to rise and yesterday were trading at 130p.
Its ...See the full content of this document
Sponsored links
