Aston Martin to hold an IPO on the London Stock Exchange


Aston Martin, the British manufacturer of prestigious cars, will hold an initial public offering in October on the London Stock Exchange. The price range is declared between 17.5 and 22.5 pounds sterling per share. In total, the company plans to place 25% of the shares and expects to receive a capitalization of up to 5 billion 70 million pounds following the results of the IPO. If the expectations of Aston Martin are justified, then the main cost ratios of the British company will be comparable with Ferrari, so that it will be able to take its place in the UK's main stock index - FTSE 100. The revision of the index should take place in December this year.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong