London Stock Exchange Welcomes Golden Rock Global plc to the main market

London Stock Exchange Welcomes Golden Rock Global plc to the main market

Golden Rock Global Plc, incorporated in Jersey, is a Special Purpose Acquisition Company, established to make an acquisition of a target company or businesses in the fintech sector in Australia, Europe and/ or North America.

The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation, by taking advantage of opportunities to acquire businesses in the fintech sector and by implementing a post-acquisition operating strategy with a view to generating value for shareholders through operational improvements and complementary acquisitions.

Together, the Directors have many years of business experience of operating in the financial services industry, particularly in the areas of acquisitions, corporate and financial management, capital markets and trading and they have established a network of contacts internationally within the sector. 
At Admission Golden Rock has raised gross proceeds of approximately £1.6 million.

The directors believe that Golden Rock’s listing on the Main Market will help to boost its profile and provide financial and operational flexibility to allow them to execute the Company’s acquisition policy.

VSA Capital Limited acted as Financial Adviser to the Company. They acted alongside Pinsent Masons LLP and Ogier providing English and Jersey legal counsel to the Company, Moore Stephens, as Auditors and Reporting Accountants and Blueprint Capital Limited acting as Listing Agent.

Mr Wei Chen, Executive Director of Golden Rock Global said:

"Despite the current climate of economic uncertainty, we are very pleased to be admitted to one of the most prestigious exchanges in the world. Golden Rock Global will identify appropriate acquisition opportunities after admission in the Fintech sector; one of the fastest growing and dynamic industries globally."