- 26th November 2018 at 12:51 pm #13109
Heads up people. PrimaryBid has an IPO from finnCap Group plc, scheduled to end tomorrow 17.00 but they are allocating on a first come, first served basis. Offer price is 28p.
PrimaryBid says finnCap advises growth companies, helps them to access capital and promotes their stories to the public and private markets. Conditional on admission, it is aiming to pick up M&A advisor Cavendish, which has sell side M&A advisory services, exit planning and debt advisory services.
Obviously finnCap has ambitious growth plans, but I’m wondering what impact BREXIT is going to have on the mid-cap M&A market…timing may not be brilliant for this. Still, PrimaryBid clients can pick this up over the next 36 hours if they are fast enough.
- 27th November 2018 at 12:48 pm #13151
AJ Bell, the UK-based stock broker, has announced the price range of its upcoming IPO. The application period for shares opens today. The price range for the offer has been set at £1.54 to £1.66 per ordinary share. This implies a market cap on admission in the range of £626 million to £675 million. Qualifying AJ Bell customers and institutional investors look as if they are going to get first dibs on this one. Final pricing is expected on or around 7 December. Dealing is expected to commence 12 December. Numis Securities is acting as the sole book runner and broker.
- 27th November 2018 at 2:41 pm #13155Michael MortonKeymaster
I don’t know much about these guys. Have you used their platform before now Stuart? Strikes me they have a good selection of funds and costs are lower than many of their peers. Interesting alternative to Hargreaves Lansdown shares I’d suggest
- 1st March 2019 at 11:27 am #14893
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