Kyoto
- 10 Mar 2007 23:47
dreamcatcher
- 02 Jan 2014 19:35
- 339 of 440
Six year high for London Stock Exchange IPOs
31st December 2013
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Press releases
105 IPOs raise a total £15.7 billion in 2013
62 AIM IPOs raise £1.1 billion
Strongest year for technology IPOs since 2007, 36 firms raise £1 billion
London Stock Exchange this year welcomed 105 new companies to its markets, a record number since 2007 and a clear sign that confidence is returning to the UK and global IPO market. The total capital raised was £15.7 billion through 43 Main Market listings and 62 AIM IPOs.
Key statistics:
Royal Mail Group was the largest European IPO of the year, raising £1.7 billion
Other household names listing included Merlin Entertainments - the owners of Madame Tussauds - Foxtons and Bon Marche
Tinkoff Credit Systems was the largest international IPO of the year raising £1.08 billion and was joined by other international companies including Al Noor Hospitals and Stock Spirits Group
36 technology IPOs on London Stock Exchange in 2013 raising £1.00 billion – the highest number and value seen since 2007
14 private equity backed companies floated on London Stock Exchange markets this year – the most since 2007
Xavier Rolet, CEO, London Stock Exchange Group, said:
“2013 has been an exciting and positive year for the IPO market. We have seen a very healthy mix of UK and international companies using the London market as a platform for future growth. London continues to be the world’s pre-eminent venue for international institutional investor capital and, high profile IPOs have helped reawaken the strong retail investor appetite for equity investment.”
“We have been particularly pleased to see the number of tech companies using AIM, raising over £350m in the process. This is confirmation that high growth companies, as well as their backers in the private equity and VC communities, are recognising the exceptional power of equity in driving growth.”
- ends -
dreamcatcher
- 03 Jan 2014 08:38
- 340 of 440
We’re ready to float this year, reveals House of Fraser chief: Record Christmas trading at House of Fraser has laid the ground for its flotation before the end of the year, according to its chief executive.
dreamcatcher
- 05 Jan 2014 12:06
- 341 of 440
Had a reply this morning to the e-mail I sent the company RM2. They have sent me the admission documents in pdf format and have no idea how to copy.
Mr ----
Your e-mail somehow found it's way into a spam folder, so my apologies for the late reply. I attach a copy of the Admission Document in the event that you were not able to get one from another source. The Placing was closed in December prior to the receipt of your e-mail, though the first day of dealings has been delayed to tomorrow, Monday 6 January because of the effect of the Christmas break.
Shares can obviously be bought in the usual way at that point should you be interested.
Regards, and thank you very much for you interest.
Ruari McGirr
jimmy b
- 05 Jan 2014 12:26
- 342 of 440
Are you still a bit iffi on this one DC ?
dreamcatcher
- 05 Jan 2014 12:38
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jimmy b, by the sounds of it, they certainly have interest. My email was sent a week ago at the time skinny mentioned there was no facility on the company site to download the admission document. Looking like they had closed early. Its a shame I cannot get the document on the site. Going to have a read this aft. One thing I do see is the pallets are 80% glass and 20% plastic and would have to be smashed to remove the tracking device. Also they have acquired the tracking company.
jimmy b
- 05 Jan 2014 12:47
- 344 of 440
Thanks DC , we'll have a look in the morning :)
halifax
- 05 Jan 2014 13:20
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dc do you have any financials as they have been in business for 6/7 years?
dreamcatcher
- 05 Jan 2014 14:40
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Are you joking, I'm having nothing to do with you. So don't ask anything else, as you will not get an answer in short. So you know where we stand now.
dreamcatcher
- 05 Jan 2014 14:42
- 347 of 440
I think other posters will know why, before you comment.
dreamcatcher
- 05 Jan 2014 14:58
- 348 of 440
Thanks jimmy b.
dreamcatcher
- 05 Jan 2014 19:40
- 349 of 440
Jimmy b, I have read admission document (all 167 pages) I would not give anyone advice to buy in or not. Pleased it was sent today.
RM2 seems to be a holding company with 10 further legal companies
I will gladly put up a thread tomorrow, but have decided I will not be investing.
Big industry players have been drawn and I think the business is using these names to draw the investment. They clearly have to go out and get the business still.
Short term there may be some profits to be had via the hype the company has received, they may well be very good. Long term there are no guarantees and to me its all about the big gun names pulling in new business.
The company has only put up the last three years figures of trading as well as 6 months to the middle of 2013.
All in US $
2010 2011 2012
(6,708,264) (11,580,288) (21,310,112)
And the six months ended 30 June 13
( 6,023,199)
In my view its all down to having faith in the directors achieving their forecasts. I am not strong in this area. This is no way giving advice, but only fair to say not for me on this occasion.
Thanks for your input as well Harrycat
jimmy b
- 05 Jan 2014 21:46
- 350 of 440
Nice one DC ,i take it those figures are turnover ?
, i've only bought in to a few IPO's over the years and with a bit of luck always done ok.
Like you say could be some profits to be had due to the hype .
Would have helped read the admission docs but had Girls Aloud round for the afternoon ,you know how it is sometimes ! :))
dreamcatcher
- 05 Jan 2014 21:52
- 351 of 440
Losses jimmy b. Pages and pages of figures, admin seem large as well. The debt will all be payed down with the IPO cash raised.
jimmy b
- 05 Jan 2014 21:58
- 352 of 440
Don't like the sound of that .
dreamcatcher
- 05 Jan 2014 22:11
- 353 of 440
See how it opens in the morning, I'm not about until near market close. Good luck.
jimmy b
- 05 Jan 2014 22:12
- 354 of 440
Cheers DC.
dreamcatcher
- 12 Jan 2014 15:52
- 355 of 440
CityFibre IPO: Telecoms firm to float in London
Liberum Capital and FinnCap appointed to lead £25 million fundraising
by Branimir Kondov,
Nov 26 2013, 10:18 GMT
CityFibre IPO: Telecoms firm to float in London
After trading lower for most of Thursday’s session in New York, the Gafisa share price ended the day higher.
iNVEZZ.com, Tuesday, November 26: CityFibre, a UK-based fibre-optic infrastructure business, is preparing to float on London’s AIM market which is expected to value the company at between £50 million and £55 million, the Times has reported.
The telecoms company, which claims to be “the largest provider of fibre infrastructure to the UK’s second tier cities” with a network of 30,000 km of cable covering 50 towns and cities across the UK, is looking to raise the stakes in its competition with BT for business in areas underserved by the nation’s telecoms companies. The debate around the digital divide in Britain has focused on users in rural areas but many consumers and businesses in second-tier cities also suffer from low broadband speeds and a reliance on BT to upgrade networks.
Get a share dealing account from Hargreaves Lansdown and trade shares from £5.95. HERE>>
According to The Telegraph, CityFibre “is believed to be about to begin a fundraising road show with potential investors to raise as much as £25 million ahead of a listing on the London Stock Exchange’s AIM”, the market for smaller, growing companies. It is understood that ahead of the initial public offering (IPO), the company has raised approximately £11 million from its board as well as private investors.
CityFibre was founded by Greg Mesch who has built up five companies from start-up enterprises over the past 25 years, including Irish alternative telecoms company ESAT and Versatel, which built a network in Germany, Belgium and the Netherlands. ESAT was sold to BT for €1 billion (£837.7 million) and Versatel was sold to Sweden’s Tele2 for €2 billion (£1.67 billion).
The company is backed by the private equity investor Jon Moulton, who will keep a substantial stake after the float. CityFibre’s founders, directors and staff own half of the company shares.
The Times noted that North American private equity funds had shown interest in CityFibre but the company’s “management believes a British listing will strengthen its hand in bidding for public sector contracts.”
CityFibre is targeting locations including York, Bournemouth and Peterborough by building dense metropolitan networks in cities across the UK, aiming to turn them into ‘gigabit’ cities by delivering download speeds of up to 1Gbps to homes and offices.
The most recent development was the signing of a contract with the Peterborough City Council on November 13 to transform Peterborough into a ‘gigabit’ city. CityFibre had previously announced that it was to invest £30 million into the city to create a fibre network. The first services will go live in summer 2014, and the network is due for completion by April 2015.
The company will offer a business broadband package with speeds of between 500Mbps and 1Gbps at a cost of £50 to £100 per month, while the consumer fibre-to-the-home (FTTH) broadband package will cost £25 to £50 a month for the same speeds.
CityFibre believes there are 100 such cities in Britain where it can expand to, that will cover roughly 10 percent of the population. The company hopes to build a credible third-placed infrastructure player that can compete with BT and Virgin Media.
dreamcatcher
- 12 Jan 2014 15:54
- 356 of 440
Expected first day of trading
CityFibre Infrastructure Holdings plc AIM 22/01/2014
dreamcatcher
- 13 Jan 2014 19:23
- 357 of 440
Hummingbird
- 13 Jan 2014 22:50
- 358 of 440
Re. CityFibre. Can anyone tell me where to access and to download the admission document. Thank you.