T5 launches first-look roadshow in advance of €50 million IPO
Increase in oil prices to $80 a barrel expected to support stronger valuation for oil and gas company
T5 Oil and Gas, the Irish exploration firm led by Tullow Oil veteran Pat Plunkett, has kicked off an early-look roadshow with investors in advance of a €50 million initial public offering later this summer.
The firm is being advised by Davy Stockbrokers. It previously had been reported that the IPO would be worth in the region of €30 million, but sources said that it was now likely to be significantly higher than ...