StockMarketWire.com - Vivo Energy, a retailer of Shell-branded fuels and lubricants in Africa, said it had priced its initial public offer at 165p per share, giving the market company a market capitalisation of £1.98bn.

The shares started trading Friday on the main board of the London Stock Exchange with the ticker VVO.

'The listing today represents a major milestone for Vivo Energy. We are deWe have been thrilled with the level of support and interest we have had through this process from the global investor community,' chairman John Daly said.

At 8:12am: [LON:VVO] share price was up at 167.27p



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