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Shares in Perform Group fall 15% following IPO

11th April 2011 7:41 am GMT

Perform Group plc, the digital sports specialist which lists a number of online sports betting operators as clients, saw shares in the company crash 15 per cent in its first day of trading in London following its initial public offering on Friday.

Perform announced an offer price of 260 pence per ordinary share in its initial public offering last Friday on the main market of the London Stock Exchange, valuing the company at approximately £586m.

The offer [...]

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