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Gym Group Shares Above IPO Price As Unconditional Dealings Start (ALLIPO)

12th Nov 2015 11:13

LONDON (Alliance News) - The Gym Group PLC shares were still trading above their initial public offering price on Thursday as unconditional dealings commenced.

The no-frills gym chain started conditional dealings on the main market on Monday, having raised GBP90.0 million from its float.

Its shares were priced at 195.00 pence and were trading at 204.00 pence on Thursday, giving Gym Group at market capitalisation of GBP261.3 million.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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