Israeli shipping predictive intelligence group Windward has seen its stock rise 5% after completing its initial public offering (IPO) in London on Monday.

The company launched the offering on 1 December to grow the business.

The listing on the AIM board of the London Stock Exchange saw the stock debut at £1.62, although the bourse logged three off-book trades at £1.68.

Windward raised gross proceeds of £26.3m