SHARES in Eland Oil & Gas closed up around 9% after the Aberdeen-based company became the latest Scottish firm to list on the Alternative Investment Market.
The flotation came after the company completed what its chief executive Les Blair said was the biggest Initial Public Offering on the AIM Market in more than three years.
Eland raised £118 million before expenses from investors to help fund its plans to develop a West Africa-focused oil and gas business.
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