Investors pile £12bn into UK-listed companies, hoisting the market above pre-pandemic levels August 5, 2021 UK listed companies have raised more than £12bn in fresh capital from investors in the first half of this year, building the market back above pre-pandemic levels. The pandemic caused a resurgence in UK capital markets activity last year, with funds raised by listed companies peaking at its highest level in over a decade. Investors [...]
London Stock Exchange traders hit by third Refinitiv outage today August 2, 2021 London Stock Exchange’s Refinitiv news and data platform Eikon experienced an outage of several hours today, the company said, its third such glitch this year. The company reported similar issues in April and June. An LSEG customer support representative said the issue which started mid-afternoon had mostly affected users in Asia and the Europe, Middle [...]
UK listings reformer and peer Lord Hill joins fintech startup W1tty July 19, 2021 Former EU Commissioner for Financial Services Lord Jonathan Hill, who called for deregulatory measures to attract more tech companies in the UK, has joined fintech startup W1tty as an adviser. The Conservative peer will join the advisory board of smart finance app W1tty, which is launching in Lithuania and Poland in Autumn. Lord Hill authored [...]
Bridgepoint sets London IPO of up to £2.9bn July 14, 2021 Private equity firm Bridgepoint’s London IPO could value the company at as much as £2.9bn, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, is looking to raise up to £789m when it lists on the London [...]
Kate Middleton-favoured maternity brand Seraphine eyeing £150m IPO July 13, 2021 Online maternity and nursing brand Seraphine is looking to raise just over £150m in its London IPO, floating on the tech-crazed market for the first time today. Today’s float, which commenced at 08:00, will see Kate Middleton’s go-to maternity brand’s shares set at 295p per share under the ticker “BUMP”. Around 50 per cent of [...]
Revolution Beauty to make stock market debut July 13, 2021 Revolution Beauty are plotting a float on London’s alternative markets valuing the company at nearly half a billion pounds. The float has received strong support from shareholders and was significantly oversubscribed, the UK-based firm said this morning. Read more: Asos enters deal with Nordstrom to bolster Topshop’s US presence Adam Minto, the beauty firm’s boss [...]
London IPO: LendInvest prices AIM float as it looks to raise £40m July 9, 2021 Property finance asset manager LendInvest will float on the AIM index on Wednesday, with shares priced at 186p
Test for London’s fintech sector: Wise listing could turn into ‘volatile affair’ July 6, 2021 Cross border payments company and fintech giant Wise will be admitted to the London Stock Exchange tomorrow morning. No price guidance has been issued, which will mean that the stock price will be determined during the auction, which will be a lengthy one – from 7.50am onwards, with trading to begin just after 11am – [...]
Private equity firm Bridgepoint confirms plans to float on London Stock Exchange July 6, 2021 Private equity firm Bridgepoint have confirmed plans to raise £300m through an impending float. The firm dangled the prospect of an IPO last month but have confirmed the move in an announcement to markets this morning. The buyout group, which has around £27.4bn of assets under management across equity and debt funds, says it seeks [...]
London IPOs record best start in seven years July 2, 2021 Floatations and fundraisings in the City recorded their best start in seven years, according to figures published today. Total equity raised in London topped £27bn in the first six months of this year, driven by strong investor appetite for high-profile listings such as software firm Darktrace. 49 IPOs raised over £9bn in the first six months [...]