Fitzwilliam Capital sees €2m shares change hands in exchange debut

MOBILE communications company Fitzwilliam Capital had a busy debut on the Dublin stock exchange yesterday, as shares worth almost €2 million changed hands.

The company yesterday became the tenth to take a listing on the Irish Enterprise Exchange (IEX), the new secondary market created by the exchange to mirror London’s successful Alternative Investment Market (AIM).

Exploration company Lapp Platts was admitted to the IEX earlier in the summer, joining the eight companies whose listing was transferred from Dublin’s Developing Companies Market (DCM) or Exploration Securities Market (ESM) to IEX when it was set up in April. The DCM and ESM then shut down to make way for the IEX.