A former leader of the BT group is aligned to lead an audio technology company used by many main musicians in the world thanks to a flutation in London of 300 million pounds sterling.
Sky News has learned that Gavin Patterson, who now sits on various advice, including the Ocado group, is in talks with Waves Audio before a list that could happen next month.
City sources have said that an agreement between the company and Mr. Patterson had not yet been finalized.
Sky News revealed several weeks ago that Waves Audio, whose headquarters are in Israel, had hired Panmure Liberum bankers to supervise a first public offer (IPO).
The company, which belongs to the majority by the founders Meir Sha’ahua and Gilad Keren, should increase millions of books in the sale of new actions, although the details are not yet finalized.
Waves Audio manufactures professional digital audio signal processing technology and audio effects used in records, mixing, mastery, post-production, diffusion and live sound.
It employs more than 200 people and has a major international presence, including in Europe and the United States.
A successful float on the London main market would be a relative rarity given the depressed level of the activity of the IPO in the past two years.
The data compiled by EY, the professional service company, showed that there were only five new announcements on the London market in the first quarter of the year.
Pessimism about the prospects for floors has been aggravated by a regular net of companies canceling their London lists or by moving them abroad – with an Indivior drug manufacturer last to abandon the city on Monday.
The greatest hope of the British market – that Shein, the online fashion retailer founded in China, would challenge the impact of the prices and the list of American president Donald Trump in London – seems to have been annihilated, with reports last week suggesting that she would float in Hong Kong instead.
A Waves Audio spokesman refused to comment.