We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shawbrook | LSE:SHAW | London | Ordinary Share | GB00BWDPMF43 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 339.50 | 339.50 | 340.25 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
14/5/2015 18:22 | New IPO in April. Shawbrook priced its initial public offering (IPO) at 290p-a-share to value the challenger bank at £725m. The price is near the top end of its 255p to 305p range and will raise £90m through the sale of 75m shares. The bank's shares closed16p, or 5.5pc, higher to 306p following its market debut. Richard Pyman, chief executive, said he was "delighted" by the investor response. Shawbrook plans to use the proceeds to strengthen the bank's balance sheet and to fund growth, with expansion into new sectors of the UK business lending market. The bank, which is backed by private equity firm Pollen Street Capital, targets loans to small and medium sized businesses who are finding it difficult to get finance from the major high street banks. Set up in 2011, the company lends to more than 60,000 SMEs and consumers in the UK. Got some of these at £3.08 last month. Looked for a BB but could not find one so started this one myself. | darryn1 | |
14/5/2015 18:10 | New IPO at 290p admitted to the main market on 8 April 2015 | darryn1 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions