WANdisco set for £15m float

SHEFFIELD firm WANdisco will begin trading on the AIM market this morning, in a float that will raise around £15m.

The firm provides collaboration tools to the software industry and is the first IPO in London of a Yorkshire-based firm since 2010

City A.M. understands that the placing was more than three times oversubscribed.

Panmure Gordon’s Fred Walsh and Giles Stewart acted as advisers.