Office tech firm shares float plans

A developer of software for shared office providers is finalising plans for a £75m stock market float.

Essensys, which is based in London, is set to price its share offering this morning, providing a modicum of relief for fee-starved brokers.

Uncertainty over Brexit has dented appetite for initial public offerings in London, particularly for companies with large British businesses. Network International, a payment company, made its debut on the London Stock Exchange in April, but it is headquartered in Dubai.

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