WE Soda confirms plans to float on London Stock Exchange

Eyes inclusion in FTSE indices

Cristian Angeloni
clock • 2 min read

Soda ash group WE Soda has confirmed its intention to undertake an initial public offering on the London Stock Exchange, it said in a regulatory filing today (7 June).

The company first set out its plans to float last month, with the listing expected to value the firm at £6.5bn. WE Soda will apply for admission of its shares to the premium listing segment of the official list of the Financial Conduct Authority and to trading on the main market for listed securities of the LSE. The float date and final offer price were not disclosed. The firm said the price will be determined following a book-building process. Chrysalis-backed Smart eyes future London IPO The company said the offer would be wholly comprised of ordinary shares to be sold by the ...

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