VPEG investee Next Capital II Lists Portfolio Company, Scottish Pacific Group, on the ASX
Scottish Pacific Group (ASX:SCO) has been admitted to the Official List of the Australian Securities Exchange (ASX) with its ordinary shares trading on the ASX from midday 13 July 2016.
Scottish Pacific Group is the clear market leader in the SME finance sector, with more than 1600 clients in Australia and New Zealand, handling more than $10 billion of invoices each year and providing debtor and trade finance funding exceeding $800 million.
Based on the listing price, Scottish Pacific Group will have a market cap of over $440m.
Read more about Next Capital II’s exit of Scottish Pacific Group