In the latest blow for the City's public markets, the firm today confirmed its intentions to raise £30 million on the Dutch bourse in a flotation that was set to value the company at £130 million.
The tunnels company first made plans to list in the City last year, the Standard revealed. In November, the firm changed its name to The London Tunnels Plc and restructured its shares pending "admission... and trading on the London Stock Exchange's Main Market", Company House filings show.
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