https://sabre.co.uk/

I'm in for a few in the IPO. IPO closes Monday at 12.

Will distribute 70% of profits as dividends. IPO range 220-240p
Shares say it will pay 6% dividend

Hastings and Direct Line IPO charts below


‘We tend to write business which is ignored by major insurers, such as a young graduate who has moved to London and is driving their first car,’ says chief executive Geoff Carter. ‘There is a right price for every risk.’ It also insures taxis and vans. ‘We quote 90% of the market versus 50-60% from the major...

Carter says the business is highly cash generative, does not need any money to top up capital or pay down debt. Seventy per cent of its business is sold through brokers. It is targeting pure organic growth.

IPo at 230p. Currently up 10% only I have idea how many I have been allocated.

Hmm. It appears I got 55% of what I asked for. Must have been massively oversubscribed if my £10k got knocked back that much.