Bridgepoint plans IPO
Bridgepoint has announced its plans for an initial public offering on the London Stock Exchange.
Following admission, Bridgepoint is targeting a free float of at least a quarter (25%) of issued share capital and expects it would be eligible for inclusion in the FTSE UK indices. “It is expected that ordinary shares representing up to a further 15% of the offer will be made available pursuant to an over-allotment option,” said a company statement.
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Categories: NewsFundraising & fund structuring
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