Interim management firm Ashton Penney has listed on the Alternative Investment Market (AIM).

The firm is the only AIM-listed interim management specialist, providing senior and board level managers across the UK and Europe.

Chief executive James Wheeler has a business plan to create the UK’s number one interim management firm within three years.

He said: “The accountability and increased visibility that a stock exchange listing creates will continue to enhance the reputation of interim management as an essential resource to the public and private sectors.”

Shares in the firm began trading at 15p, giving it a value of £5.04m.