Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.24 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1659
    +0.0007 (+0.06%)
     

  • GBP/USD

    1.2561
    +0.0014 (+0.11%)
     

  • Bitcoin GBP

    50,517.20
    -667.30 (-1.30%)
     

  • CMC Crypto 200

    1,369.54
    +56.91 (+4.33%)
     

  • S&P 500

    5,157.72
    +29.93 (+0.58%)
     

  • DOW

    38,727.81
    +52.13 (+0.13%)
     

  • CRUDE OIL

    78.95
    +0.84 (+1.08%)
     

  • GOLD FUTURES

    2,335.10
    +26.50 (+1.15%)
     

  • NIKKEI 225

    38,236.07
    -38.03 (-0.10%)
     

  • HANG SENG

    18,578.30
    +102.38 (+0.55%)
     

  • DAX

    18,175.21
    +173.61 (+0.96%)
     

  • CAC 40

    7,996.64
    +39.07 (+0.49%)
     

Shawbrook prices London listing at 290 pence a share

Reuters - UK Focus

LONDON, April 1 (Reuters) - British bank Shawbrook has priced its initial public offering at 290 pence a share, giving it a market capitalisation of 725 million pounds ($1 billion) upon admission to the London Stock Exchange (Other OTC: LDNXF - news) , it said on Wednesday.

The so-called challenger bank had set a price range of between 255 and 305 pence a share. The deal will raise 90 million pounds through the sale of 75 million shares.

Conditional dealings will begin at 0700 GMT.

($1 = 0.6733 pounds) (Reporting By Freya Berry; Editing by Pravin Char)