A strong set of maiden half-year results from SafeCharge (SCH) should come as no surprise. As early as June, the gambling payment specialist - which listed on London's junior market in April - said full-year numbers for 2014 would "materially exceed" market expectations.
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The SafeCharge IPO marks another impressive debut for Israeli billionaire Teddy Sagi, who floated gambling software company Playtech (PTEC) back in 2006. The SafeCharge flotation raised $125m (£78m) of new money for the group, but Mr Sagi still owns about two-thirds of the company, having sold no shares in the IPO.