A spokesperson for the Emirati jack-up barge owner toldUpstream that the offer was already oversubscribed after the company raised itstarget of more than $100 million.
Chief executive Duncan Anderson said that because of thelisting, “increased profile and new funds will now provide the scope to exploitthe market opportunity that lies before us more swiftly than would previouslyhave been possible”.
The offer of around 122 million shares at £1.35
