AJ Bell has listed on the main market of the London Stock Exchange at an expected market capitalisation of around £651m.
Investors will be able to purchase shares at 160p per share. The offer comprises of 108,264,032 existing shares, representing 26.6% of the company's issued share capital. Dealing on the investment company began at 8am on Friday morning (7 December) for AJ Bell customers who qualified to purchase company shares. Investment will be available to the wider market from 8am on Wednesday 12 December. The listing will raise total net proceeds of approximately £169.3m for the selling shareholders. In September, AJ Bell confirmed qualifying customers in the UK will be able to apply for sh...
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