Springboard sees IPO for some of its holdings in next 12 months

Friday 29 June 2001 at 16:00

Springboard, the UK investment company specialising in start-ups and early-stage businesses, expects to see a number of the companies that it holds stakes in go public in the next 12 months despite the protracted weakness in global stock markets.

Stephen Ross, chief executive officer of Springboard, said: &quotThere is always a market for good companies. There are not going to be any flotations in the immediate future, but we would expect some in the next twelve months.&quot