TBTG’s IPO, valued at round £350m, comes after a poor 12 months for listings on UK’s essential inventory trade market in 2024.
London Inventory Trade suffers lowest IPO quantity on document in 2024
An EY report in January discovered that the London Inventory Trade noticed 88 delistings in 2024, whereas simply 18 IPOs occurred on the primary market and AIM.
Nonetheless, regardless of the low volumes of listings, the worth of the IPOs considerably trumped the proceeds raised in 2023, with a 256% rise year-on-year from £953.7m to £3.4bn.
The Magnificence Tech Group is but to give you any particulars about its float.
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