15th Oct 2015 09:29
LONDON (Alliance News) - Motor insurer Hastings Group Holdings Ltd saw its shares fall as it started trading on the London Stock Exchange's Main Market on Thursday morning.
Shares in the company were down 2.8% to 165.25 pence on Thursday morning, having floated at 170.00 pence.
At the initial public offering price, Hastings was valued at GBP1.12 billion and raised around GBP210.0 million from the float.
By Sam Unsted; [email protected]; @SamUAtAlliance
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