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WANdisco confirms New York Stock Exchange listing plans

david-richards-wandisco

Sheffield’s AIM-listed data specialist, WANdisco, has confirmed it is looking at an additional listing for its shares in the US.

The announcement follows recent press speculation, in particular a report on Sky News over the weekend, which said bankers from Evercore Partners have been hired to prepare for a listing in New York. The company already operates an office in California.

The company said in a statement: “As a dual UK and US headquartered technology company, WANdisco has long-stated its intention to consider an additional listing of its ordinary shares in the United States. The company can confirm that it is in the early stages of proactively exploring this option.”

WANDisco also confirmed it remains committed to London’s Alternative Investment Market and to maintaining its current UK AIM listing. The statement added: “The company also confirms it remains committed to London’s Alternative Investment Market (AIM) and to maintaining its current UK AIM listing.”

The news comes following confirmation from fellow tech giants ARM Holdings that it would be listing in the US for its IPO, while CRH also recently confirmed it was moving its main listing across the pond.

WANdisco  chair and CEO David Richards had previously discussed the possibility of the business, which has a market capitalisation of around £890m, as long ago as 2017.

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