AJ Bell has released further information about how customers can participate in its planned initial public offering (IPO), which is set to go ahead in December or the beginning of 2019.
The platform business, which has popular D2C and advised propositions with a combined £42bn AUA, said it wanted to reward its long-term client base and is letting its customers have access to the IPO. Those who have an account with AJ Bell by 15 October will be able to apply for shares in the company at the end of November, or early in December, if the IPO goes ahead as planned in December. Invesco Perpetual to slash holding in AJ Bell at IPO Customers will have to buy at least £1,000 of stock and share, although allocations remain subject to the level of demand for the IPO. AJ ...
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