Volcanic joins Chancellor of the Exchequer at London Stock Exchange Elite launch in China
Volcanic has been selected as one of just five companies from the London Stock Exchange’s (LSE) ELITE programme to join a specially organised Investor Roadshow in partnership with the Shenzhen Stock Exchange (SZSE). The Roadshow will also mark the signing of a Memorandum of Understanding (MoU) between LSE’s ELITE and SZSE’s Shenzhen Securities Information Company (SSIC) to expand the ELITE programme, due to be witnessed by the Chancellor of the Exchequer, Philip Hammond as part of the China-UK Economic Financial Dialogue.
The signing of the MoU marks the first ELITE partnership in Asia, with the goal of building a community of innovative companies and investors from the UK, China and the rest of the world.
Volcanic has benefited greatly from its participation in trade missions in the past. Volcanic expanded into the global market in 2016, opening a development centre in Malaysia and a sales office in Australia after joining then Prime Minister David Cameron’s delegation to South East Asia.
Robert Wilde, CEO of Volcanic, said, “Since opening our development centre in Kuala Lumpur, Malaysia, following a trade mission with the then Prime Minister, we have grown significantly in just two years to service an international client base and establish a robust presence in Asia-Pacific. We therefore recognise the importance of these trips to bring investment and growth to the UK and are honoured to be selected for this mission to China.
“The signing of the MoU is a huge leap forward in the Britain-Asia collaboration programme. It will help open up new sources of investment in successful British technology businesses through partnerships with potential investors in the region.
“Volcanic’s Asia expansion and investment has opened up new opportunity within the global market, where we have been able to leverage international trade opportunities to grow our domestic business in the North West of England. We now have offices on four continents and operate websites in more than forty languages. The funding raised also supported further R&D in our ground-breaking technology and Volcanic has taken its place as the UK’s largest provider of recruitment and staffing websites and job boards. Today, we drive 15 percent of all UK agency recruitment applications.
“Our continued ambitious growth plans make us the ideal technology partner of choice for investors and entrepreneurs looking for international investment opportunities.”
Luca Peyrano, CEO, London Stock Exchange ELITE, added, “Partnering with the Shenzhen Stock Exchange is a milestone for ELITE. The first cohort of Chinese companies is set to join the programme in 2018, becoming part of the full international ELITE community of more than 700 companies from across 27 countries. I’m delighted that together ELITE and Shenzhen Stock Exchange are expanding ELITE and building a unique community of innovative companies and investors from China, the UK and the rest of the world.”
The trade mission is taking place from 9th-18th December 2017 and delegates are meeting with representatives of international business and investors at meetings at the Shenzhen Stock Exchange, the Qianhai Free Trade Zone, Shenzhen, and the Zhongguancun Science Park, Beijing.
Pictured: Volcanic at SZSE