Gateley shares open 10% up on asking price as firm raises £30m in first ever UK IPO

Shareholders make £25m and firm keeps £5m as 31.6 million shares successfully placed on London's AIM market

The price of shares in Gateley rose by more than 10% when the markets opened this morning as it became the first law firm to successfully list on the London Stock Exchange.

At 8am shares opened at 109.5p, 14.5p up on the 95p price set by the firm two weeks ago for its initial public offering (IPO) today.

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