IPOs and new issues

Initial Public Offerings (IPOs), share offers and bond launches are an exciting opportunity to access investments before they become available on the main markets.

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IPOs and new issues

Current IPOs and new issues

There are no current IPOs and new issues.

Potential IPOs and new issues

The IPOs listed below are subject to change and some IPOs may not be offered to retail customers. If you have a query on an upcoming IPO please contact our Dealing services team on 0345 37 33 479.

Company Description

Deep fat fryer specialist expects to join AIM in early November.

Van Elle

Nottinghamshire-based geotechnical engineering contractor Van Elle hopes to join AIM in late October.

Ascot Lloyd UK independent financial adviser plans to float on AIM in late October.
Misys The financial services software business is heading back to the UK stock market in early November. It could be a contender for the FTSE 100.
ConvaTec Medical product group hopes to raise $1.8bn to help pay down debt as part of its London Main Market IPO in late October or early November 2016.
Myclubbetting.com Myclubbetting.com is to float on London's Main Market by reversing into cash shell Papillon.

Esure is to spin off its market comparison website as a separately-listed business later this year.

O2 The telecoms provider is widely rumoured to be preparing to join the UK stock market, potentially letting retail investors buy shares at the IPO price.
Shefa Yamim Israeli diamond miner is rumoured to be eyeing admission to AIM by the end of 2016.
White Rivers Exploration Has a joint venture in South Africa with Harmony on ones of the world's largest undeveloped gold mines. Plans to list in London in early 2017.
BGL The brains behind the loveable meerkat commercials is rumoured to be looking at an IPO on the London market. Insurance group BGL owns the Compare The Market price comparison website could be valued at more than £1bn.
Air Astana The Kazakh airline is understood to have revived plans to list on the London stock market in the very near future.
Churchill Retirement Living Media reports speculate that Churchill Retirement Living is planning an IPO, which could take place this year.
Upham Group Upham Group, which owns pubs and inns across Hampshire, Berkshire and Surrey, is expected to have another go at joining AIM following delays earlier this year blamed on Brexit vote-induced market volatility
nanoFlowcell Electric car manufacturer nanoFlowcell is considering floating on the London stock market for further corporate development.
City Pub Company The entrepreneurs who sold their previous business Capital Pub to Greene King for £93m are set to bring their latest venture, City Pub Company, to AIM in 2017.

An IPO is the first sale of a company’s shares to the public. This is done by listing the shares on a stock exchange such as the London Stock Exchange and is also known as a flotation. 

An IPO is also referred to as a public offering as the sale of shares is to the general public, rather than directly to select institutional or large investors which is known as a private placement.

Companies choose to offer shares to the public for a number of reasons including to raise finance for growth opportunities, widen the company’s shareholder base and raise the profile of the company.

Another popular way for a company to raise finance is to issue retail bonds. The company borrows cash from investor at a fixed rate for a set period.  However retail bonds should not be confused with cash bonds issued by banks or building societies. They can be traded like shares on the London Stock Exchange and the value of them can go down as well as up.

Investment trusts can also issue additional shares and this process is referred to as an Offer for Subscription or Placing, this increases the size of the existing investment trust.

To take part in an IPO or retail bond issue you will need to open an account first. For more information on IPOs please read our guide.

You will normally not pay any dealing charges when taking part in an IPO. We will receive an intermediary fee based on the aggregate value of applications made by our customers for acting as an appointed intermediary. However if we do not receive an intermediary fee we will apply our normal dealing charge.

Stamp Duty and PTM Levy are not payable on IPOs.