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Critical Information Group

  • BY: Andrew Hore |
  • POSTED: 28/06/2009 |

Critical Information Group successfully joined Aim on 25 June.

Critical Information, which has been set up by former executives of conferences and publishing group Informa to acquire companies in the business-to-business publishing and events sector, raised £3.01m from its directors and institutional investors.

The two executive directors will not earn any pay until the first acquisition. After the first acquisition executive chairman David Smith and finance director Anthony Foye will each earn £250,000 a year.

The shares rose to 105p a share when trading began, which valued the company at £3.16m. 

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