08/10/2025
We're delighted to have helped Ashtead Technology, a leading provider of subsea technology solutions to the global offshore energy sector, with its move up from AIM to the Main Market of the London Stock Exchange - a significant milestone in its growth journey.
Since joining AIM in 2021, the company has tripled its revenue, significantly increased earnings per share growth and completed four strategic acquisitions. These developments have expanded Ashtead Technology’s capabilities and enhanced its service offering to better support customers worldwide.
The LSE’s Main Market is home to many of the world’s largest and most dynamic companies. Joining this market signals the beginning of a new chapter for Ashtead Technology and provides a platform to attract international investors and strengthen the company’s brand presence amongst its global customer base, suppliers and partners.
Allan Pirie, CEO, commented: “Our admission to the Main Market of the LSE is a landmark moment for Ashtead Technology. I would like to thank our dedicated team for their hard work and commitment and express gratitude to shareholders, customers, partners and suppliers for their continued support. The move reflects how far we’ve come, but it’s just the beginning. We now have the right platform to execute on our strategy, drive long-term growth and deliver exceptional value for all our stakeholders.”
We’d like to wish the company every success in this new chapter, and our thanks go out to our wonderful clients at the company and to legal advisors White & Case, Deutsche Numis as Nominated Adviser (NOMAD), Peel Hunt LLP (joint broker), and AMBA CoSec as company secretary.
If you’d like to find out how we can maximise investor engagement for your most prestigious admissions, chat with us today: hello@blackandcallow.com
