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Precision Engineering Company Tek 4 Plans London IPO, Name Change

MT Newswires·10/19/2026 05:18:45
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05:18 AM EDT, 10/19/2026 (MT Newswires) -- Precision engineering company TEK 4 Holdco is poised to raise 2 million pounds sterling through an initial public offering on the London stock exchange's AIM segment, according to a Monday filing. The floatation will also include a secondary share offering worth 22.8 million pounds. The manufacturer of specialist hole-drilling systems will have a market capitalization of 42 million pounds upon admission, with 41.1% of the company not owned by the public. TEK 4 Holdco will be renamed TEK4 Group when shares begin trading on Oct. 26.