Matchtech Group, the technical recruitment agency, has revealed details of its proposed admission to the Alternative Investment Market (AIM).

The placing price will be 310p per ordinary share, with 22,420,406 ordinary shares being issued.

Chairman George Materna says: “We have been extremely encouraged by the response we have received from the investment community.
“Becoming a publicly listed company will further raise our profile and will enable us to attract and incentives key employees who are the lifeblood of any recruitment business.”

Admission to the AIM and start of dealings is expected to take place on 27 October.