Advertisement
UK markets closed

  • NIKKEI 225

    38,274.05
    -131.61 (-0.34%)
     

  • HANG SENG

    17,763.03
    +16.12 (+0.09%)
     

  • CRUDE OIL

    79.13
    +0.13 (+0.16%)
     

  • GOLD FUTURES

    2,330.20
    +27.30 (+1.19%)
     

  • DOW

    37,903.29
    +87.37 (+0.23%)
     

  • Bitcoin GBP

    46,216.77
    -1,843.20 (-3.84%)
     

  • CMC Crypto 200

    1,202.07
    -136.99 (-10.23%)
     

  • NASDAQ Composite

    15,605.48
    -52.34 (-0.33%)
     

  • UK FTSE All Share

    4,418.60
    -11.65 (-0.26%)
     
Money:

Family finances

Who is the breadwinner in your family and does it matter?

UK's Exova sets price for $369 mln IPO

Reuters - UK Focus

LONDON, April 11 (Reuters) - British material testing company Exova said on Thursday it would sell 220 million pounds ($369.1 million) of shares in an initial public offering (IPO), after pricing shares at 220 pence each.

Exova said that the sale of shares would give the company a market capitalisation of 550 million pounds. Exova itself will receive 110 million pounds from the offer. Unconditional trading will begin on the London Stock Exchange (Other OTC: LDNXF - news) on April 16. ($1 = 0.5961 British Pounds) (Reporting By Freya Berry; editing by Steve Slater)