Here is the triumphant scene from Friday morning when the Mortgage Advice Bureau formally started trading on the London Stock Exchange.
Peter Brodnicki, co-founder of MAB, is pictured centre, just to the right of the lectern, having pulled off a flotation which the likes of others such as Virgin Money could not.
MAB, which operates out of a network of estate agency offices nationwide, is the first mortgage intermediary ever to list on AIM.
Shares opened at 162p and went to 166.25p during the day, not dropping below 164.55p. Just over 14,000 shares were traded on the first day.
The company is valued at some £81m.
I have to say that I am hugely impressed by this achievement. If ever there was a man that deserves a success like this for sheer hard work, commitment, persistence and clearly no little expertise and talent then it's PB and anyone who knows him will echo that sentiment. MAB have also developed an equally impressive management team comprising some top names in the industry. First class in every way!
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