Wholesaler Kitwave raises £64m on London debut May 24, 2021 Food wholesaler Kitwave has today raised £64m after listing on the AIM market of the London Stock Exchange (LSE). Each of the firm’s selling shareholders earned £17.6m from the IPO, the firm said in a statement. Based on a placing price of 150p per share, the firm has a valuation of £105m, it added. Chief executive [...]
Mike Ashley reportedly weighs up move to take Frasers Group private December 19, 2021 Mike Ashley is apparently weighing up a move to take Frasers Group private after strong profits this year, according to The Telegraph.
City watchdog slashes fundraising threshold to attract SPACs July 27, 2021 Britain’s City watchdog has slashed the minimum amount a SPAC needs to raise to list on UK markets in half, it announced today. The Financial Conduct Authority said on Tuesday SPACs – or special purpose acquisition companies – would need to raise £100m from a float, instead of the £200m initially proposed. Read more:UK listings [...]
Boots, boost: Doc Martens profits up with stores reopening July 29, 2021 Dr. Martens saw a strong first quarter with a significant increase in revenue, even compared to pre-pandemic levels, due to the reopening of stores and continued digital growth. The British bootmaker a revenue of £147.3m for the three months to June 30, a 52 percent increase compared to the same period last year and 31 [...]
LSE warns Reuters paywall plan breaches Refinitiv deal terms May 20, 2021 Reuters has reportedly been warned by the London Stock Exchange Group that its plan to instigate a paywall on its content is in breach of the London bourse’s purchase of data provider Refinitiv. A letter from the LSE to the news provider, which was reported by Barron’s, says that the plan, which was announced in [...]
Miners lift London Stock Exchange’s FTSE 100 as iron price hits record in China May 28, 2019 A rising iron ore price pushed up London-listed miners today, helping lift the FTSE 100. Rio Tinto rose 3.3 per cent by the early afternoon, while Fresnillo was up 2.8 per cent, putting both in the top five blue-chip risers. Read more: Charged: Chinese giant takes £14m stake in London lithium miner Bacanora It comes [...]
Baltic ad group BCG plots London IPO June 4, 2021 Baltic Classifieds Group (BCG) has today announced its intention to undertake an initial public offering (IPO) in London. The company, owned by private equity fund Apax Partners, said it expects the offer to consist of both new shares and existing shares to be sold by Apax. It is targeting a free float of at least [...]
Just 43 tech firms have listed in London in the last 20 years March 22, 2021 Just 43 of the UK’s fastest-growing tech firms have floated on the London Stock Exchange in the last twenty years, according to new research. New research by accountancy firm BDO shows that of the UK’s 1,200 fastest growing tech startups fewer than four per cent have listed in London. Even with blockbuster IPOs lined up [...]
Three Amazing Tech Companies Hiring Right Now March 23, 2022 If you’re planning to change jobs in the coming months, you’ve come to the right place. Our lovely job board is set to be bursting with amazing opportunities this year, and we’re excited to share them with you! This week, we’re shining a bit of a spotlight on some of the brilliant tech companies that [...]
Exclusive: Cyprus-focused miner set for London float February 15, 2021 A mining firm targeting a number of gold and copper sites in Cyprus is set to announce its intention to float on London’s main market. Caerus Mineral Resources – named after the Greek god of opportunity – is looking to raise £2.3m on its main market debut. The firm will issue an announcement to the [...]