SimplyBiz

SimplyBiz floats on AIM




The SimplyBiz Group PLC has announced that admission of its entire issued ordinary share capital to trading on the AIM market of the London Stock Exchange commenced this morning.

The entire issued ordinary share capital of the independent provider of compliance and business services to financial advisers and financial institutions in the UK comprises 76,470,588 ordinary shares.


Based on the placing price of 170p per share, the market capitalisation of admission is expected to be £130m.

SimplyBiz will trade on the AIM market under the ticker SBIZ following its admission.

Zeus Capital acted as nominated adviser and sole broker on the placing and IPO.

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