Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
magazineIntegraFin to be valued at c£650m at IPO
The owner of the Transact IFA technology platform has confirmed the price of its IPO (initial public offering) at 196p. IntegraFin’s stock marketing listing on 2 March will value the business at £649.4m.
Transact currently serves more than 150,000 clients on behalf of over 5,100 financial advisers. It has approximately £29.7bn of funds under direction, as at the end of 2017.
IntegraFin looks likely to qualify for the FTSE 250 index later this year. (DC)
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
Issue contents
Big News
- Virgin Money results beat forecasts but doubts over ability to perform
- Lithium miner Bacanora prepares for substantial fundraise
- Greggs’ nourishing performance
- How did investors react to the latest batch of FTSE 100 results?
- Will there be a bidding war for Sky?
- RIT Capital Partners reveals stellar gains since 1988’s flotation
- Triple Point eyes listing upgrade and £200m new cash
- IntegraFin to be valued at c£650m at IPO
- Threads expert Coats impresses on margins and profit guidance
- Productivity growth hits its highest rate since the financial crisis
