New Issues News

New issues

Lukoil Hong Kong IPO plans suffer small delay

Lukoil Hong Kong IPO plans suffer small delay

Wed, 22 October 2014

Despite some small delays, Russian oil colossus Lukoil said its plans for a $1bn initial public offer (IPO) in Hong Kong remained on track to float early in 2015, but warned national oil production ma... [more]

BCA Marketplace shelves IPO, following Aldermore and Virgin Money

BCA Marketplace shelves IPO, following Aldermore and Virgin Money

Tue, 21 October 2014

Used car selling website owner BCA Marketplace has announced it will scrap plans to proceed with its initial public offering. The group claimed to be"very" encouraged by investor interest, it remains ... [more]

Shell Midstream Partners launches sale of 37.5m shares

Shell Midstream Partners launches sale of 37.5m shares

Mon, 20 October 2014

Shell Midstream Partners, a part-owned subsidiary of Royal Dutch Shell, has launched the sale of 37.5m shares in the recently formed partnership. The shares are expected to list on the New York Stock ... [more]

Virgin Money delays IPO due to market conditions

Virgin Money delays IPO due to market conditions

Fri, 17 October 2014

Challenger bank Virgin Money became the latest victim of this week's market disruptions, after announcing it would postpone its flotation. In a statement issued to the market regulator the lender said... [more]

Jimmy Choo begins trading with IPO priced at bottom of price range

Jimmy Choo begins trading with IPO priced at bottom of price range

Fri, 17 October 2014

Jimmy Choo on Friday morning started trading in London after pricing its flotation at the bottom of its price range at 140p. The luxury shoe maker's shares rose to 143p a share in the first hour of tr... [more]

Entu seeks AIM flotation after completing pre-IPO placing

Thu, 16 October 2014

Energy efficiency firm Entu has announced its intentions to float on the AIM section of the London Stock Exchange after a private placing raised £32.8m. The initial public offering should value the co... [more]

Jimmy Choo IPO could be pulled, says CMC's Hewson

Wed, 15 October 2014

Analysts at CMC Markets have suggested the £1.1bn initial public offer (IPO) of fashionable shoemaker Jimmy Choo could be shelved, after challenger bank Aldermore pulled its Friday flotation. CMC Mark... [more]

Aldermore cancels £800m flotation, blaming slump in global equity markets - UPDATE

Wed, 15 October 2014

UK challenger bank Aldermore has cancelled its £800m flotation, blaming the "recent deterioration of global equity markets". A recent decline in investor confidence prompted the firm to pull the initi... [more]

Pershing Square Holdings drops in Amsterdam IPO

Mon, 13 October 2014

Shares in Pershing Square Holdings, one of the funds managed by US activist investor Bill Ackman, slumped on their first day of trading in Amsterdam. The price of the initial public offering of the fu... [more]

Old Mutual to raise $308m from asset management IPO

Thu, 09 October 2014

Investment, savings and insurance group Old Mutual said it hopes to make $308m from the initial public offering (IPO) of its asset management arm in New York on Thursday. OM Asset Management's shares ... [more]

Jimmy Choo's London IPO to achieve full value

Wed, 08 October 2014

Jimmy Choo's flotation on the London Stock Exchange has attracted enough investors to take the entire amount on offer, according to reports. Sources told Reuters on Wednesday that the initial public o... [more]

BCA marketplace announces intention to float

Mon, 06 October 2014

BCA, the operator of a wholesale market-place for second-hand vehicles, has announced its intention to float on the main market of the London Stock Exchange (LSE). The company claims to operate the le... [more]

Virgin Money plans to float on London Stock Exchange

Thu, 02 October 2014

Richard Branson's retail bank Virgin Money, the phoenix risen from the ashes of Northern Rock, has confirmed its plans to raise £150m with a flotation on the London Stock Exchange. US investor Wilbur ... [more]

Sunday newspaper round-up: Tesco, RBS, IAG

Sun, 28 September 2014

The whistleblower who alerted Tesco to its accounting problem tried to do so before but was ignored, the Sunday Times reported. The accountant, reporting to Tesco's UK Finance Director, Carl Rogberg, ... [more]

Miller Homes to float on London Stock Exchange

Tue, 23 September 2014

Edinburgh-based Miller Homes is planning a flotation on the London Stock Exchange, the company said. The house-builder, one of many businesses thought to have been waiting for the outcome of the Scott... [more]

Pakistan legislators to meet as protesters call for reform

Wed, 20 August 2014

Led by former cricket player Imran Khan, protesters in Pakistan's capital Islamabad marched in their thousands on the country's parliament in a plea for a government reform. Pakistan's political lead... [more]

Ilika wins contract with a new EU-based client

Thu, 14 August 2014

Materials innovation firm Ilika has landed a contract with a new and unnamed EU-based company to develop battery materials. The contract, which is expected to last six months, increases committed reve... [more]

Alba Minerals shares rocket on Horse Hill Development investment

Fri, 11 July 2014

Alba Mineral’s shares more than doubled after it announced it will be acquiring a 5% stake in the Horse Hill Development (HHDL) near Gatwick Airport. The group has signed an agreement which will see ... [more]

SSP shares begin trading after IPO

Thu, 10 July 2014

Shares in train station food outlet operator SSP Group received a lukewarm welcome as unconditional dealings began on Thursday, having raised almost £0.5bn for the company to pay down debt and around ... [more]

Matomy Media confirms pricing of IPO

Tue, 08 July 2014

Matomy Media Group has confirmed the pricing of its initial public offering (IPO) at 227p per ordinary share, having shelved plans to float in April. The online and mobile advertising company said ba... [more]

Spotify to make market debut in 2015, according to report

Mon, 07 July 2014

Spotify is said to be seeking an initial public offering in 2015 as the online music streaming company increases in popularity, according to a report. The group has hired financial advisers to prepar... [more]

Sunday newspaper round-up: Shire, Mothercare, Blinkx, Barclays

Sun, 06 July 2014

AbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire’s biggest investors in London, The Sunday Times said. Gonzalez is back... [more]

Urban Exposure Real Estate plots London IPO

Wed, 02 July 2014

Urban Exposure Real Estate (UERE), a company that will lend to residential property developers in London and the South East, has unveiled plans for a £500m fundraising as part of its proposed London i... [more]

TSB falls on first day of unconditional trading

Wed, 25 June 2014

Shares in TSB Banking began their first day of open trading on the stock market on Wednesday, retreating more than 2% in the first few hours of dealing after they had risen from their offer price in c... [more]

easyHotel raises £30m to roll out 'super budget' concept

Wed, 25 June 2014

Hotel operator easyHotel, the budget chain owned by easyJet founder Stelios Haji-Ioannou's easyGroup, has only raised half the £60m it was aiming for as it priced its initial public offer (IPO) on AIM... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Shire Plc 4,050.00 3.98 17:14
Vodafone Group 200.50 1.85 17:14
Standard Chartered 1,115.00 1.46 17:02
Old Mutual 184.70 0.65 17:08
3i Group 379.60 0.56 17:00

FTSE 100 Top Fallers

Name Last Chg.% Time
Pearson 1,139.00 -2.57 17:02
G4S 251.00 -2.41 17:02
Anglo American 1,308.00 -2.39 17:08
Tullow Oil 494.60 -2.16 17:02
InterContinental Hotels Group 2,217.00 -1.90 17:08