Euronext:
The London Tunnels lists on Euronext Amsterdam
Amsterdam – 27 June 2024 – Euronext today congratulates The London Tunnels PLC, established to transform a former World War II tunnel complex in the centre of London into a major tourist attraction, on its successful listing on Euronext Amsterdam (ticker code: TLT).
The London Tunnels intends to develop a series of visitor attractions in the Kingsway Exchange Tunnels in central London by restoring, adaptively reusing and bringing the tunnels back to life, offering a combination of historical heritage experiences and a cultural, multi-sensory, digital experience. Right in the centre of London, one of the most visited cities in the world, the tunnels are envisaged to become the capital’s most spectacular underground tourist attraction.
The Listing on Euronext provides the Company with access to the capital markets, which it will use, following receipt of the planning permission, to commence the detailed feasibility, design and engineering work required to progress the project towards construction.
The admission and issue price of The London Tunnels shares was set at GBP 2 per share. Market capitalisation was GBP 130 million on the day of listing.