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IN BRIEF: Rubix plans to list on London Main Market in November

21st Oct 2021 16:04

Rubix Group Holdings Ltd - London-based industrial repair kit firm - Confirms plan to list on the London Main Market in early November, hoping to raise EUR850 million through the issue of new shares. The initial public offering also may include existing shares sold by current shareholders. Rubix will have a free float of at least 25% of its shares and expects to be eligible for inclusion in the FTSE UK indices. The IPO price will be determined following a book building process. Goldman Sachs International, Morgan Stanley & Co International PLC and Barclays Bank PLC will act as joint global coordinators, while BNP Paribas and Jefferies International PLC act as joint bookrunners.

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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