Tuesday 11 December 2018

'The final step in our Brexit contingency planning' - Scisys admitted to trading in Dublin

Photo: Bloomberg
Photo: Bloomberg
Gavin McLoughlin

Gavin McLoughlin

British software business Scisys has been admitted to trading in Dublin, making it the first Brexit refugee to list on the Irish Stock Exchange.

Non-executive chairman Mike Love said the listing was "the final step in our Brexit contingency planning".

The UK’s exit from the EU has thrown doubt over British-listed firms access to European markets.

Mr Love said Scisys wanted to "ensure that our business can continue our long-standing participation in both the UK and European markets."

"By complementing our UK listing with a European one on Euronext we will also have continued access to sterling and euro pools of capital in a post Brexit environment."

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