Architectural group secures AIM listing

DUBLIN-based architectural services specialist, Metic Group, has become a public company, with its shares launching on London’s Alternative Investment Market (AIM).

Yesterday’s admission price of 28.5p gave Metic a market capitalisation of around £15.7 million (€16.6m). It has also said it may consider a second listing on Dublin’s IEX market for small cap companies sometime during 2009, but that nothing had been decided upon yet.

Metic — which divides its operational activities between Dublin and its British base in Somerset, due to its high focus on that market — designs and constructs glass facades and roofs for buildings in both the public and private sectors.