AJ Bell LSE IPO

7/12/2018
IPO

£ 169.3 million

$ 222.507 million

Completed

7/12/2018


Overview:

  • AJ Bell, a UK retail investment platform, has listed on the LSE.
  • The deal gives the company a market cap. of around £651 million.
  • The offering comprises 108,264,032 existing shares, 26.6% of the company's issued share capital and raised around £169.3 million.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

England and Wales

Industry sector:

Financial services


Firms:

Party: Numis Securities (Bookrunner, Sponsor, Financial adviser, Broker)

Lawyer: Giles Distin


Party: AJ Bell (Issuer)

Lawyer: Julian Stanier