Chargemaster considering summer float

It’s been reported that Chargemaster is close to floating on the London market.

Chargemaster is an electric car charging station manufacturer with partnerships with a long list of vehicle manufacturers.

According to Sky, it is now planning to raise about £50m in a new share issue which values the company at £170m. The broadcaster claims it has appointed broker Cenkos to manage its first public offering this summer.

Neither company confirmed the reports.