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Network International leaps on public debut

Network International leaps on public debut

Shares in Dubai-based payments specialist Network International (NETW) jumped by a fifth on its first day of conditional trading, valuing the group at £2.5bn on the day the shares were officially admitted to London's main market. Network’s IPO was priced at 435p – the bottom-end of a narrowed 430p to 450p range, but above the mid-point of the original 395p to 465p range announced on 1 April 2019. 

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