EV charging provider seeks stock market flotation

09/07/2013 in News Home

print twitter fb in
Was this article useful?

Click the thumbs up >

Chargemaster, provider of electric vehicle charging infrastructure in the UK, has announced its intention to raise funds and seek admission of its shares to trading on the AIM market of the London Stock Exchange.

Dealings are expected to commence on AIM in July 2013.  WH Ireland Limited is acting as Nominated Adviser and sole Broker to the Company.

Commenting on the decision to float on AIM, David Martell, chief executive of Chargemaster said: "Chargemaster’s planned admission to AIM marks a significant step forward in the Company’s development.  We are excited about the increase in demand for EV charging infrastructure here in the UK and across Europe.

"This demand is being driven by automotive manufacturers producing a growing range of new plug-in cars required to meet regulatory emission targets, the UK’s government’s recent commitment to provide £37 million of funding for charging infrastructure, as well as other governments’ commitment to encouraging the uptake of environmentally cleaner vehicles.

"Admission to AIM will provide Chargemaster with the necessary access to funding for its next phase of development in order to seize opportunities in this growing market and in particular to capitalise on the near term infrastructure roll-out driven by government incentives and regulation."

Fleet News
email 01733 468655
email  fleetnews.co.uk


Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!



(no need to login)

Your name:

Your email:

(will not be shown)

Please enter the code above.

Notify me when people reply

Click here to login to leave a comment

Comments (0)

Advertisement feature:
How secure is your fuel payment solution?
The fuel card market is failing fleet managers when it comes to security. The industry's heavy reliance on magnetic stripe cards is a significant weak spot in modern-day card security- a weak spot criminals are keen to take advantage of.
Advertisement feature:
How can Telogis Route save you time and money?
It is increasingly important to get visibility into tomorrow’s plans today.
Click here to download this ebook to explore the benefits of route optimisation technology.
Advertisment feature: 
Introducing Electric Vehicles into your Fleet.
Every organisation in the UK is looking for new, more efficient ways to meet the increasingly complex demands of keeping their business moving.

© 2015 Bauer Automotive
Bauer Consumer Media Ltd (company number 01176085 and registered address 1 Lincoln Court, Lincoln Road, Peterborough, England PE1 2RF)