Following its announcement on 8 November 2018, investment platform AJ Bell has today confirmed its intention to proceed with an initial public offering (IPO).
The firm intends to apply for admission of its ordinary shares to the premium listing segment of the Official List of the Financial Conduct Authority (FCA), and to trading on the London Stock Exchange’s main market for listed securities.
As part of the IPO, qualified AJ Bell customers in the UK can apply for shares via the AJ Bell online investment platform, with the minimum application size being £1,000.
The firm has announced the indicative price range in respect of the IPO, together with the maximum number of shares to be sold in the offer, will be determined in “due course” and published in the prospectus expected to be released in the coming weeks.
The final offer price will be determined following the publication of the prospectus, with admission currently expected to occur in December 2018.
Latest News
-
UK bank branch numbers decline rapidly in five years, figures show
-
Intermediary confidence remains despite mortgage market cooling
-
IHT receipts jump 8% year-on-year in July
-
Mortgage products ‘no longer fit for purpose’, brokers say
-
Aberdeen agrees sale of financial planning business
-
Annual house price growth climbs to 3.7% – ONS
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories