Checkmate for London stock market as World Chess revives IPO plan
- Date: 05-Nov-2021
- Source: SkyNews
- Sector:Financial Markets
- Country:UAE
Checkmate for London stock market as World Chess revives IPO plan
The company that previously ran the World Chess Championship is reviving plans for a London stock market listing after a two-year hiatus.
Sky News has learnt that World Chess, which is run by Ilya Merenzon, is targeting an announcement within weeks that would lead to it selling shares publicly on the junior AIM market.
City sources said that Novum Securities had been appointed to work on the listing.
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