Water cooler firm lists on London’s AIM

Shares in water cooler firm Waterlogic will begin trading for the first time today, as it completes a listing on London’s alternative investment market (AIM). The company, which supplies purifying water dispensers to offices, hotels and gyms, raised £41m to fund acquisitions in an initial public offering. The book for shares in the firm was more than 2.5 times oversubscribed, according to sources close to the process.