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London Stock Exchange Group to visit Aberdeen

The London Stock Exchange Group is coming to Aberdeen in March.
The London Stock Exchange Group is coming to Aberdeen in March.

The London Stock Exchange Group (LSEG) is to visit Aberdeen, offering North-east companies the opportunity to learn more about its  growth markets and programmes.

City MPs Kirsty Blackman and Callum McCaig, who have arranged the March 10 event, believe it could benefit energy industry companies looking to expand, despite the drop in the oil price and the current economic climate.

The briefing is being held at the Carmelite Hotel with Mark Fahy from the LSEG presenting details about its Elite programme which helps companies access capital financing to secure future growth.

Mr Fahy, the LSEG’s head of UK small and mid cap companies, said: “London Stock Exchange is committed to connecting high growth companies from Aberdeen and across Scotland with the business and investment community.

“Our ‘1000 Companies to Inspire Britain’ report tells us that there is an exceptional concentration of high growth companies in Aberdeen.

“Through our unique growth market, AIM, and business support programme, London Stock Exchange supports over 200 Scottish businesses that are driving innovation, job creation and economic prosperity up and down the country.”

He added: “We are grateful to Kirsty Blackman and Callum McCaig for inviting us to Aberdeen. We look forward to expanding opportunities for Scottish companies in the future.”

 

Ms Blackman, MP for Aberdeen North said said the city had a “bright potential future” as a centre of expertise and a key exporter of oil and gas technology and services.

She added: “To secure that future, we need to ensure that companies have the ability to reach their potential scale.  A big part of this is ensuring companies have access to the appropriate finance.

“This is a great opportunity for companies to hear more about ways they can access this finance and I’m really pleased the London Stock Exchange has agreed to come to Aberdeen.”

Mr McCaig, MP for Aberdeen South said he hoped the event would “open even more doors for local businesses.”