Bilby Plc (AIM: BILB.L), the holding company for gas heating, electrical and building services companies, has been awarded “IPO of the Year” at the fourth annual Small Cap Awards sponsored by ICAP Securities & Derivatives.
Inaugurated in 2013, the Small Cap Awards is an annual event celebrating the best and rewarding the finest in the sub-£150m market cap quoted company sector.
The awards are judged by a panel of leaders in the Small Cap sector. The category was judged based on the success of the raise in setting a price that was value creative for both the company and investors, the quality of the company and its overall operational performance and share price performance since listing. Bilby was selected from over 80 small cap companies that listed on the London Stock Exchange in 2015.
Since listing, Bilby has grown considerably through the acquisition of three businesses as part of its buy and build strategy. The Company listed in March 2015 at 58p per share and is today trading at 125p per share.
Phil Copolo, Deputy Executive Chairman, said: “We are delighted that Bilby has been named “IPO of the Year”. This award reflects the quality and hard work of all of our employees across the business. Bilby remains focused on creating value for all of our stakeholders as we continue to take advantage of growth opportunities in our market.”