Date: 4 months ago   Category: Finance

Aston Martin intends to carry out the IPO at the London exchange — Rambler News Service


The British car maker Aston Martin Holdings Ltd plans to carry out the IPO on the London Stock Exchange. It is said in the statement of the company published on the website of trading floor. "The company assumes that (as a result of the IPO – RNS) free float will make not less than 25%, and expects that she will be allowed to inclusion in the British FTSE indexes" — it is said in the statement of Aston Martin. According to the press release, the British company has already provided necessary registration documents in Management on control of respect for standards of behavior in the financial markets (Financial Conduct Authority, FCA). In addition, the car maker has disclosed the financial results for the I half-year 2018. The revenue of the company has grown by 8% year on year – to 445 million pounds sterling (573,3 million US dollars). The corrected EBITDA has grown for the first six months 2018 by 14% — to 106 million pounds sterling (136,5 million US dollars).

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