Sophos says intends to float on London Stock Exchange

LONDON (Thomson Financial) - Sophos PLC said it intends to float on the London Stock Exchange with a share offering to institutional investors, adding that listing will help it maximise its profile and take better advantage of the current opportunities.

The security company, which reported billings of 167 mln usd in the year to end-March, added it intends to enhance its presence in North America and expand business both organically and inorganically. apm/nes COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved.

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