London Stock Exchange welcomes ATG to the Premium Segment of the Main Market
Today, London Stock Exchange welcomed Auction Technology Group to trading on the Main Market by way of a premium listing, marking a significant milestone in the 50-year history of the company.
John-Paul Savant, CEO of ATG, said: “We are delighted to be joining the Main Market of London Stock Exchange. Going public is a hugely exciting milestone for the company. It will allow us to continue to lead the evolution of the auction industry by investing in the tools and services that help auctioneers achieve maximum visibility and price realisation for the assets they sell while delivering the best curated online auction experience for bidders.
“The future is exciting for ATG. The auction market is still in the relatively early stages of its structural shift from offline to online. Moreover, against a backdrop of heightened focus on the circular economy, the role that we play as a clearing mechanism in the buying and selling of millions of unique and specialised second-use items is of increasing importance. We have multiple levers for growth, and I am confident that as a trusted partner to both auctioneers and bidders ATG has many years of growth ahead of us.”