Congratulations to RA International for floating on AIM, the London Stock Exchange‘s junior market earlier this month. RA International is Africa’s leading remote site service provider, offering fully integrated camp services, from the construction of camp facilities to full life support – including camp catering and camp maintenance services – for clientele operating in remote and challenging environments.
Invest Africa recently caught up with Soraya Narfeldt (CEO) who shared with us her experience:
Why did RA International choose to float on AIM?
London Stock Exchange AIM market is a pre-eminent global market for international growth companies and is a more supportive market than a lot of the other junior markets found around the world.
Was the process a quick and smooth one?
The process was very smooth, and the investor base in London was hugely supportive, resulting in the Company raising nearly £20 million.
What is next, from a strategic standpoint, for RA International?
The proceeds raised from the IPO will be used to help the Company strengthen its balance sheet enabling us to meet customer demand and bid on larger scale contracts. In the future, we will look to grow our customer base, continue to deliver high quality projects and improve revenue and profit lines.