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London is better than New York for float, says energy chief planning UK listing

Metlen Energy’s Evangelos Mytilineos says companies run risk of ‘disappearing’ in the crowd in the US
Evangelos Mytilineos said there was ‘no other choice’ in Europe when asked why he had opted for London

London’s stock market is a better option than New York for a flotation as companies run the risk of “disappearing” in the crowd in the US, according to the chief executive leading one of the largest planned listings in the UK.

Evangelos Mytilineos, head of Greece-based Metlen Energy and Metals, also said the UK’s beleaguered stock market was on course for a revival after one of the quietest years for initial public offerings in 2024.

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