Big Red Cloud flotation to raise €5m

Irish based provider of accounting and payroll software, Big Red Cloud Group is expected to raise €5.0 million through a placing of new ordinary shares.

6th May, 2014
Marc O'Dwyer, chief executive of Big Red Cloud.

Irish based provider of accounting and payroll software, Big Red Cloud Group is expected to raise €5.0 million through a placing of new ordinary shares.

The company, which is one of the market leaders in providing accounting software to SMEs in Ireland, intends to seek Admission to the AIM market of the London Stock Exchange and the ESM market of the Irish Stock Exchange.

The placing will be undertaken by Charles Stanley Securities with the...

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