BRIEF-Shawbrook Group Sets IPO Price Range At 350-390P/Share-June 2024-www.financetom.com

BRIEF-Shawbrook Group Sets IPO Price Range At 350-390P/Share

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Shawbrook Group Sets IPO Price Range At 350-390P/Share

Oct 21, 2025 12:52 AM

Oct 21 (Reuters) - Shawbrook Group Plc:

* ANNOUNCEMENT OF PRICE RANGE

* PRICE RANGE FOR OFFER HAS BEEN SET AT 350 TO 390 PENCE PER

* ESTIMATED MARKET CAPITALISATION AT ADMISSION OF BETWEEN

APPROXIMATELY £1.8 BILLION AND £2.0 BILLION

* EXPECTED THAT ABOUT 18% OF SHARES WILL BE HELD IN PUBLIC

HANDS

IF OVER-ALLOTMENT OPTION IS NOT EXERCISED

* EXISTING SOLE SHAREHOLDER, MARLIN BIDCO, EXPECTED TO SELL

BETWEEN 79.9 MILLION AND 81.1 MILLION EXISTING SHARES

Source text:

Previous page： Gartner raises annual forecasts on steady demand in key research unit Next page： TopBuild's Q3 Adjusted Earnings, Net Sales Increase; Trims Top End of 2024 Sales Guidance

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Gartner raises annual forecasts on steady demand in key research unit

Nov 5, 2024

Nov 5 (Reuters) - Research and advisory firm Gartner ( IT ) raised its full-year forecasts for revenue and profit on Tuesday, banking on its ability to retain clients as enterprise spending, especially in the core IT sector, picks up. Growing economic and geopolitical uncertainties have exposed businesses to greater risks and volatility, driving up demand for research insights to...

TopBuild's Q3 Adjusted Earnings, Net Sales Increase; Trims Top End of 2024 Sales Guidance

Nov 5, 2024

07:27 AM EST, 11/05/2024 (MT Newswires) -- TopBuild ( BLD ) reported Q3 adjusted earnings Tuesday of $5.68 per share, up from $5.43 a year earlier. Analysts polled by Capital IQ expected $5.58. Net sales for the quarter ended Sept. 30 were $1.37 billion, up from $1.33 billion a year earlier. Analysts polled by Capital IQ expected $1.39 billion. The...

Timken's Q3 Adjusted Earnings, Sales Decline

Nov 5, 2024

07:18 AM EST, 11/05/2024 (MT Newswires) -- Timken (TKR) reported Q3 adjusted earnings Tuesday of $1.23 per diluted share, down from $1.55 a year earlier. Analysts polled by Capital IQ expected $1.38. Net sales for the quarter ended Sept. 30 were $1.13 billion, down from $1.14 billion a year earlier. Analysts surveyed by Capital IQ expected $1.12 billion. The industrial...

Ferrari's Q3 Earnings, Net Revenue Rise; Reaffirms 2024 Guidance

Nov 5, 2024

07:18 AM EST, 11/05/2024 (MT Newswires) -- Ferrari ( RACE ) reported Q3 earnings Tuesday of 2.08 euros ($2.27) per share, up from 1.82 euros a year earlier. Analysts polled by Capital IQ expected 2.02 euros. Net revenue for the quarter ended Sept. 30 was 1.64 billion euros, up from 1.54 billion euros a year earlier. Analysts surveyed by Capital...