Platform provider AJ Bell has confirmed its intention to float on the London Stock Exchange's main market, with admission currently expected to happen at some point next month.
In an announcement this morning (19 November), the company said the indicative price range in respect of the floatation, together with the maximum number of shares to be sold, would be determined "in due course" and contained in its prospectus, which should be published "in the coming weeks". AJ Bell also confirmed its earlier intention that, as part of the floatation, qualifying AJ Bell customers in the UK will be able to apply for shares via the AJ Bell online investment platform. The minimum application size in the offer will be £1,000. Andy Bell: The key issues raised by the FCA's...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes