£20m Blur set for Aim listing

Blur Group said yesterday it will start trading on Friday in an Aim float valuing the firm at £20.1m. Blur, which teams up businesses with technology advisory firms, said it had raised around £4m by placing 4.9m shares.

The initial public offering is one of just a handful among tech firms in the UK this year. Founder and chief executive Philip Letts said he wanted to build “a UK global technology success story”.