Shares to trade under ticker symbol CBRA.L

Shares in broking group Cobra Holdings were listed on The Alternative Investment Market (AIM) this monrning.

The shares will be traded under the symbol AIM: CBRA.L.

The Group was formed in 2006 through the amalgamation of six separate companies under a single parent company, Cobra Holdings, creating a business capable of providing a wide range of services in five distinct areas of the insurance market.

It claims to have one of the fastest growing UK networks, with in excess of 100 independent insurance brokers. In addition, it offers retail insurance, wholesale Lloyds facilities, underwriting capacity and financial services. The Group has expanded over the last year due to both organic and acquisition growth.