Creative Educational Corporation plc, trading under the name Primary Steps, currently runs seven nurseries in the London area. It has been in operation since June 2000 and opened its first 36-place nursery in East Sheen in September 2001.
AIM is the London Stock Exchange for smaller, growing companies. After two years of trading on AIM, companies are able to gain access to the main market using a special expedited procedure.
Chief executive David Alexander told Nursery World that flotation gives the nursery chain greater flexibility in terms of expansion because acquisitions can be made in cash and shares. He added that being a publicly limited company gives more credibility when seeking to lease property from landlords.
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