• 105 IPOs raise a total £15.7 billion in 2013
• 62 AIM IPOs raise £1.1 billion
• Strongest year for technology IPOs since 2007, 36 firms raise £1 billion
London Stock Exchange this year welcomed 105 new companies to its markets, a record number since 2007 and a clear sign that confidence is returning to the UK and global IPO market. The total capital raised was £15.7 billion through 43 Main Market listings and 62 AIM IPOs.
♦ Royal Mail Group was the largest European IPO of the year, raising £1.7 billion
♦ Other household names listing included Merlin Entertainments – the owners of Madame Tussauds – Foxtons and Bon Marche
♦ Tinkoff Credit Systems was the largest international IPO of the year raising £1.08 billion and was joined by other international companies including Al Noor Hospitals and Stock Spirits Group
♦ 36 technology IPOs on London Stock Exchange in 2013 raising £1.00 billion – the highest number and value seen since 2007
♦ 14 private equity backed companies floated on London Stock Exchange markets this year – the most since 2007
Xavier Rolet, CEO, London Stock Exchange Group, said:
“2013 has been an exciting and positive year for the IPO market. We have seen a very healthy mix of UK and international companies using the London market as a platform for future growth. London continues to be the world’s pre-eminent venue for international institutional investor capital and, high profile IPOs have helped reawaken the strong retail investor appetite for equity investment.
“We have been particularly pleased to see the number of tech companies using AIM, raising over £350m in the process. This is confirmation that high growth companies, as well as their backers in the private equity and VC communities, are recognising the exceptional power of equity in driving growth.”