Media company strides forward

TRADING in shares of Adwalker, the ‘wearable media’ company, begins on London’s Alternative Investment Market (AIM) tomorrow.

The Dublin company, which had traded on the Ofex market for developing companies, has raised almost €7.5 million (£4m) from new investors to fund its expansion, as reported by the Irish Examiner earlier this month.

Shares will list at 8p, valuing the company at £14.2 m (€20.5m).