What a catch! Investors splash out on fish tackle float

FISHING Republic reeled in the investors for its flotation on the Alternative Investment Market (AIM), today announcing that it has landed £1.5m in an initial public offering (IPO), which values the firm at roughly £3.6m. It is the first ever flotation of a tackle shop. The firm, established by chief executive Steve Gross (pictured), who started selling equipment as a 13-year-old, has seven stores across the north of England.