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Dalata's McCann talks up listing

High-growth Irish companies should consider a stock market flotation as part of their long-term strategic planning, Dalata chief executive Pat McCann has said.

The hotels group raised €265m in listing on the Irish Stock Exchange (ISE) last year, while Irish Residential Properties REIT raised €200m and Mainstay Medical raised €18m.

Mr McCann (below) was speaking at the launch of an ISE support programme for companies considering floating on the exchange. The 15-month programme, supported by Enterprise Ireland and Invest Northern Ireland, is designed to provide mentoring and coaching to candidate companies to help them deal with the requirements of a float.