Bartercard holds off
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Monday, 12 June, 2000 - 22:00
SHARE allocations and dispatch notices for Bartercard should be determined by 21 June and the trade agency should be listed in the week of 27 June.
Bartercard’s share offer was due to close on 29 May but
members and other investors complained they could not return their applications by that time.
Bartercard expects to become the first trade exchange to list on a stock exchange using trade dollars for a portion of the offer.
The agency’s float of 9.6 million shares is seeking to raise nearly $12 million.
Bartercard’s holding company Bartercard International is also offering offering Bartercard shares at $1.25 to raise a further $8 million.
Companies: