Oaknorth: London looking ‘less attractive’ than peers as listing destination May 29, 2024 The boss of Oaknorth has said London’s public markets are looking “less attractive” than their international peers in a signal of the bank's thinking as it plans for a potential IPO.
Fintech firm CAB Payments eyes £850m price tag in rare London IPO June 27, 2023 Fintech firm CAB Payments has revealed it will look to fetch a price tag of more than £850m next month when it floats in London in a much-anticipated IPO.
Longevity firm Genflow Biosciences makes its London debut January 17, 2022 Genflow Biosciences, the UK-based biotechnology company focused on preventing the ageing process, has started trading on the London Stock Exchange, becoming the first longevity biotechnology firm to list in Europe.
Cathie Wood’s ARK expands to Europe despite poor performance April 18, 2024 Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in wealth over the past decade, topping the list of wealth destroyers among investment companies. “These funds managed to lose value for shareholders even [...]
Government must listen to UK’s fintech stars and scrap the share tax April 15, 2024 The government must listen to the likes of Monzo, Revolut and Oaknorth and scrap stamp duty.
Raspberry Pi staff set for £68m windfall from London float May 19, 2024 Employees at computer firm Raspberry Pi are poised to enjoy an up to £68m windfall from the company’s float on the London stock market in the coming weeks. According to a London Stock Exchange filing, the Cambridge-based firm’s employee incentive scheme controls a roughly 13.6 per cent stake in Raspberry Pi. If the firm achieves [...]
Wincanton to go private – with board fed up with share price underperformance January 19, 2024 Wincanton, the logistics and warehouse outfit, is the latest firm to leave the London public market and head for private hands.
Mike Ashley’s Frasers Group further ups Boohoo stake February 7, 2024 Mike Ashley's Frasers Group has furthered strengthened its position as the largest single shareholder in Boohoo.
Vetting fail allows $1bn OpenAI hoax onto regulated news service August 15, 2023 The London Stock Exchange was left red faced yesterday after a fake announcement popped up on its official channel purporting to reveal a $1bn investment into ChatGPT owner OpenAI. The fictitious press release appeared on the exchange’s news platform, where listed firms post regulated updates, falsely claiming that US private equity firm Ripplewood had made [...]
Tech leaders push for UK listings overhaul as Arm heads toward New York float February 9, 2022 Tech leaders have called on government to ramp up efforts to overhaul listings rules after the owner of British chipmaker Arm indicated it would shun the London Stock Exchange in favour of a New York listing.