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Beauty Tech Group PLC shares began trading in London on Wednesday, marking one of the few new listings on the Main Market this year and valuing the at-home beauty technology company at around £300 million. The Cheshire-based firm, which sells laser devices and LED face masks under the Tria Laser, CurrentSkin and Ziip Beauty brands, said its shares have been admitted to the Financial Conduct Authority’s official list and to trading on the London Stock Exchange under the ticker TBTG on Wednesday. The initial public offering was priced at 271 pence per share, giving Beauty Tech a market capitalisation of about £300 million. The stock was trading at 284.00p on Wednesday morning, up 4.8% from the IPO price. Beauty Tech has 110.7 million shares on admission, including 10.7 million new shares sold to raise £29 million in gross proceeds for the company, which it said leaves it debt-free and with sufficient working capital. On Friday, the company said existing shareholders had sold 28.6 million shares as part of the offering, bringing the total IPO deal size to around £106.5 million. Berenberg acted as sponsor, bookrunner and financial adviser, while Rothschild & Co served as financial adviser. The Beauty Tech board is led by Chair Elaine O’Donnell, who also is a non-executive director of Gym Group PLC. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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