StockMarketWire.com - Commercial law firm Gateley (Holdings) has started trading on AIM with a market capitalisation of £100m.

This is based on a placing of 31,589,937 ordinary shares at 95p apiece which raised gross proceeds of £30m - £5m for the company and £25m for the selling shareholders.

The net proceeds raised by the company will be used to support the transition from the previous LLP structure and for general working capital to support and implement Gateley's growth strategy.






At 9:36am: [LON:GTLY] share price was +103p at 103p



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