Aurrigo International float on AIM
Established in 1993 and headquartered in Coventry, UK, Aurrigo has a long track record for designing, engineering and manufacturing OEM products as a tier 1 supplier for blue-chip vehicle makers including Aston Martin, Bentley, Jaguar, Land Rover, McLaren and Rolls Royce.
It is highly regarded as a specialist in autonomous and semi-autonomous technology solutions and is now moving into the aviation, ground handling and cargo industries.
The Company has developed six autonomous vehicles to date, which can be utilised to reduce costs, resolve operational issues and tackle labour shortages, whilst also improving sustainability.
Admission to Trading on AIM
On 15th September 2022, admission and dealings on AIM commenced by way of a Placing of 16,666,667 New Ordinary Shares at 48 pence per Ordinary Share.
The Fundraising raised gross proceeds for the Company of £8 million.
The Perivan shareholder communications team were delighted to work with Singer Capital Markets who was appointed as Nominated Adviser and Broker to Aurrigo on the successful production and publication of the 167-page admission document.
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