Poundland appoints JP Morgan and Shore Capital as corporate brokers
LONDON, May 6 (Reuters) - British discount chain Poundland has appointed JP Morgan Cazenove and Shore Capital Stockbrokers as its corporate brokers, the retailer said on Tuesday.
JP Morgan (Other OTC: JPYYL - news) and Credit Suisse (NYSE: CS - news) were the lead banks on Poundland's March listing on the London stock market, with Shore Capital (Other OTC: CGHC - news) acting as co-lead manager.
Corporate brokers advise businesses on fundraising and encourage investors to buy securities issued by their clients.
(Reporting by Freya Berry; Editing by David Goodman)