Green Man Gaming lines up £100m London float

James Booth
Gaming company targeting £100m London float

Tech player Green Man Gaming is set to announce its intention to float this week in a listing that could be valued at £100m.

The float is expected to reap rich rewards for Green Man’s backers which include co-founder Brent Hoberman, Zoopla boss Alex Chesterman and Moshi Monsters co-creator Michael Acton Smith.

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The float will mean a pay day for former army officer Paul Sulyok who founded the company in 2010 “from my kitchen table”, he said.

Sulyok, who still owns about 20 per cent of the company, said the float was “exciting” and evidence that the UK's tech ecosystem was working well.

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“A lot of people have worked really hard in government and in HMRC to put in place an ecosystem which promotes and encourages companies to go from seeding, in my case from my kitchen table, through to a public listing on the market.”

The company is expected to announce its intention to float on London's junior Aim market on Tuesday.