UK retailer The Works prices £65m flotation

TheWorks.co.uk, the UK discount stationery retailer, has priced a £65m IPO on the London Stock Exchange, despite a turbulent backdrop for the retail sector in the UK.

  • By Aidan Gregory
  • 13 Jul 2018

Investec was bookrunner and financial adviser to The Works.

The flotation was a fixed price offering at 160p a share, valuing The Works at £103.7m. 

There was a capital increase that consisted of 17.8m new shares, and a sale of 22.9m existing shares by Endless, the UK private ...

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