Relief as year’s first IPO Calisen recovers from trading setback
![Man_LSE_London_stock_PA_575x375_Feb10_2020.jpg](https://assets.euromoneydigital.com/dims4/default/c2b7bbb/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F0c%2F13%2F9e8380b5d69cc010af38fdde3126%2Fman-lse-london-stock-pa-575x375-feb10-2020.jpg)
Calisen, the UK operator of smart meters which has completed the first major European IPO of the year, was trading above issue price on Thursday, to the relief of sources close to the trade after early selling dampened its stock market debut.
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