LONDON, UK: Tortilla Mexican Grill, fast-casual Mexican restaurant group in the UK, announced its intention to seek admission of its shares to trading on AIM, a market of the London Stock Exchange. The Group is targeting circa 45 new sites over the next five years including building on the success of the existing portfolio…
LONDON, UK: Petershill Partners, a leading investment group providing bespoke capital and strategic solutions to some of the world’s best performing alternative asset management firms, is considering an initial public offering (IPO), a bourse filing said. The Ordinary Shares would be admitted to the premium listing segment of the Official List of the FCA…
RIYADH, KSA: The book building for the sale of Saudi Telecom Company (stc) shares in Arabian Internet and Communications Services Company (solutions by stc) started on Sunday at a price range of SAR 136 – SAR151 per share in an initial public offering (IPO). Arabian Internet and Communications Services Company (solutions by stc) announced…
LONDON, UK: Responsible Housing REIT announced its intention to launch an initial public offering (IPO) and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc. The Company is seeking to raise up to…
KARACHI, PAKISTAN: International Packaging Films Limited (IPAK) has announced Rs2.159 billion initial public offering (IPO) on Pakistan Stock Exchange (PSX). IPAK plans to sell Rs63.5 million, constituting 14.99 per cent of the total post-IPO paid up capital of the company at a floor price of Rs34/share through book-building method. International Packaging Films is in process…
KARACHI, PAKISTAN: Octopus Digital Limited will sell 20% shares at a floor price of Rs29/share translating into Rs793.15 million, a news release said. Pakistan Stock Exchange (PSX) has invited the public comments on the draft prospectus of Octopus Digital, a software development and IT solutions subsidiary of Avanceon Limited, which plans to sell 27.35…
The Initial public offering (IPO) is when a company issues common stock or shares to the public for the first time. It is the process by which a private company can go public by sale of its stocks to general public. It could be a new, young company or an old company which decides…
KARACHI: Gul Ahmed Textile Mills Limited is spinning out its retail segment, Ideas, to enable it to be a 100% owned subsidiary. “Gul Ahmed is aiming for its Initial Public Offering (IPO) between November 2021 and March 2022 depending on the market conditions,” company management said. Gul Ahmed Textile Mills held its analyst briefing…
LONDON: Syncona Ltd’s portfolio company Achilles Therapeutics plc has announced the pricing of its initial public offering (IPO) in the United States of 9.75 million American Depositary Shares (ADSs), at an initial public offering price of $18 per ADS for total gross proceeds of approximately $175.5 million. All ADSs sold in the IPO were…
LONDON: IP Group’s portfolio company Oxford Nanopore Technologies Ltd has started the process of preparing for a potential Initial Public Offering (IPO). Whilst the timing of a potential IPO is dependent on market conditions and other matters not fully within its control, Oxford Nanopore currently expects the IPO to occur in the second half…
LONDON: Vodafone Group and Vodafone GmbH in consultation with Vantage Towers AG and the underwriters have set a final offer price of €24.00 per share for existing ordinary registered shares with no par value offered in Vantage Towers’ initial public offering (IPO). In total, Vodafone is placing 95.833 million shares (including 12.5 million shares…
LONDON: Vodafone and Vantage Towers AG have set the price range for existing ordinary registered shares with no par value to be offered in Vantage Towers’ planned initial public offering (IPO) at between €22.50 and €29.00 per Share. The final offer price will be determined based on a bookbuilding process. The period during which…