logo-loader

What Brexit? 2018 on course to be a record year for stock market listings in London

Published: 10:43 28 Aug 2018 BST

ipo sign
Equiniti has been registrar to 70% of London’s IPOs this year, including Avast and IntegraFin

There is set to be a record amount of investment in UK-listed companies this year, according to corporate registrar Equiniti PLC (LON:EQN).

Last year, 17 newly-listed companies worth over £7bn used Equiniti’s services as part of their float, including car parts maker TI Fluid Systems PLC (LON:TIFS) and Icelandic food giant Bakkavor Group PLC (LON:BAKK).

That marked the biggest year for IPOs since 2014, following a slowdown in 2015 and 2016.

READ: Avast slides on debut

That number has already been equalled this time around and with four months still to go, Equiniti reckons 2018 is “well-placed to be a record year” for companies listing on the London markets.

“These figures show that London continues to attract significant investor capital and that shows no sign of slowing as we head toward Brexit next year,” said Equiniti’s chief executive for boardroom business.

“We have already worked on more IPOs this year than last and with several more expected before the end of the year we could see the 2017 total for floats well beaten.”

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

25 minutes ago