The market capitalisation of CAB Payments has been set at £851.4m ahead of its IPO in London next month, the firm said in a regulatory filing yesterday (27 June).
The company explained the price for its listing was set at £3.35 per share, with the issued share capital at admission expected to comprise 254,143,218 shares and the maximum number of shares part of the listing being up to 99,447,347. Its plans to float on the London Stock Exchange were confirmed on 15 June. CAB Payments to list on London Stock Exchange CAB Payments has also received approvals from the Financial Conduct Authority on its IPO prospectus, it said in a separate filing yesterday. The IPO is expected to take place on 6 July, with the free float of the company expecte...
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