Published by Global Banking & Finance Review®
Posted on October 13, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleShawbrook plans a $67 million IPO in London, including new shares and existing ones from Marlin Bidco, with a potential 15% over-allotment.
(Reuters) -British lender Shawbrook plans to raise 50 million pounds ($66.7 million) from the issue of new shares in its London initial public offering (IPO), the company said on Monday.
The IPO will also comprise of existing shares sold by its sole shareholder, Marlin Bidco.
In addition, Shawbrook expects that up to a further 15% of the offer could be made available under an over-allotment option.
($1 = 0.7493 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sonia Cheema)
An initial public offering (IPO) is the process through which a private company offers its shares to the public for the first time, allowing it to raise capital from public investors.
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
The London Stock Exchange is one of the largest stock exchanges in the world, where shares of publicly traded companies are bought and sold.
An over-allotment option, also known as a greenshoe option, allows underwriters to sell more shares than initially planned if demand exceeds expectations, helping to stabilize the stock price.
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