It has been revealed that City of London-based corporate broker Peel Hunt has been hired by Press Up Entertainment as the group advances its plans for a stock market flotation this year.
According to The Irish Times, Press Up expects the hiring of Hunt “to attract strong interest from UK investors, while a spokesperson for the firm added that a potential stock market flotation in 2018 is dependent on market conditions being favourable.
Should Press Up decide to proceed with a flotation, it will be the first pub/restaurant business to float in Dublin since Capital Bars listed in Dublin in the late nineties.
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
