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Five-year float plan for Interlink

Interlink Premier Network is inviting members to participate in its flotation plans by making a minimum £5,000 investment.

Interlink has sent a letter to its 188-RI membership and will push ahead with plans for a listing if there is enough interest. Chairman Jim Gaskin, who previously chaired Countrywide, will hold a meeting this month to outline a five-year plan to float the firm.

But a number of Interlink IFAs say they had problems receiving commission in December which will make them less likely to opt to join an equity scheme. Interlink says although its has experienced problems with its back-office systems, all firms have now received commission.

Managing director Ian Tomkinson says: “We have been looking at this for a number of months and are looking at where we would like to be in five years. We want members to feel the upside from any flotation plans. This deal will only be open to members. Nothing is set in stone yet but this will all be open to discussion.”

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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