Peel Hunt shares decreased 4.1% to 112.2p in late afternoon trading on Thursday following a 33.5% drop in FY 2022 revenue to £121 million against £196.9 million in FY 2021. The company announced a 57% pre-tax profit fall to £33.1 million from £77 million, alongside a basic EPS of 21.1p compared to 47.8p the last […]

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The primary reason for Membership Collective Group going public is to pay debt down Shares in the Membership Collective Group, the parent company of the private members’ club chain, Soho House, took a dive on Friday, a day after its debut on the New York Stock Exchange. At the time of writing, shares in the […]

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Deliveroo trading as low as 271p within first 20 minutes of trading Deliveroo (LON:ROO) plunged by 30% as the food delivery company made its debut on the London stock exchange on Wednesday, marking a disappointing start to one of the biggest IPOs in the city in the last ten years. According to data from Refinitiv, […]

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Moonpig shares jumped 17% as the group joined the stock market on Tuesday, valuing the company at £1.4bn. The company placed 140m shares at an initial price of 350p. New investors will have a 14% stake in the greetings card company and retailer. “Now is the perfect time for us to bring the company to […]

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Online greeting card and gift retailer Moonpig has filed its intention to float on the UK stock market, with an approximate value of £1.2bn. The firm said on Tuesday that it is aiming for a February debut. Demand for Moonpig’s products soared during the pandemic. With lockdown keeping people separated for birthdays and special occasions, […]

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Online food delivery firm Deliveroo has secured another $150m in funding from shareholders, including Amazon, as the company prepares to make its stock exchange debut with a total value of more than $7bn. Deliveroo had already raised $1.5bn from investors with plans to use the funds to innovate, set up for delivery-only kitchen sites, and […]

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Octopus Renewables Infrastructure Trust plc (LON:ORIT) announced on Thursday that it had acquired 100% of the Cerisou wind farm, a construction-ready project in the Vienne department of France. The project has been acquired from RES SAS, part of the RES Group, a global developer and operator of renewable energy assets. The deal was done for […]

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Hugh Osmond, who reversed Pizza Express into a listed shell three decades ago, has floated his latest restaurant group on AIM. On the first day of trading the Various Eateries (LON: VARE) share price fell from the placing level of 73p to 69.5p. The flotation was confirmed just before the latest tightening of lockdown restrictions […]

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Biotechnology company OptiBiotix Health PLC (LON: OPTI) has seen its share price dive despite gaining new licences and partnerships during the first half of the year. Regarding licences and approvals; the Group gained a CE mark for its SlimBiome product, its cholesterol and blood pressure reducing Lactobacillus plantarum LP-LDL probiotic strain was determined as Generally […]

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Trainline has successfully floated on the Main Market and raised cash to reduce its borrowings. It should be eligible to go into the FTSE 250 index in the next changes in September. Trainline dominates online train and coach ticket sales in the UK and commission rates are determined by the train and coach operators making […]

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Watches of Switzerland is planning to float in London, and it could be valued at between £600m and £800m. The upmarket jeweller is owned by US-based private equity firm Apollo and the cash raised in an offer would help to reduce debt. However, the first news about the potential flotation was nearly a year ago […]

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Diaceutics uses its data analysis and advisory services to make the development of precision medicines and their related diagnostic tests, more efficient and help pharma companies achieve a better return. The data itself is a highly valuable asset and significant time and investment would be required for a competitor to develop its own version of […]

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DWF is the first lawyer to float on the Main Market. It is a global business with offices in Europe, Australia and Asia. DWF has grown organically and via acquisitions and there are still consolidation opportunities. There are already quoted legal firms, but Gateley (LON: GTLY), Gordon Dadds (LON: GOR), Keystone Law (LON: KEYS), Knights […]

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Snapchat’s parent company is considering listing the company on the stock market, in an Initial Public Offering valuing the app at $25 billion. This would be the largest share sale on the US stock exchange since 2014, when Chinese company Alibaba was first listed at a value of $168 million. The app has quickly come […]

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