The Pebble Group closes 17% up on day one
The Pebble Group closed 17% higher on Thursday after the UK promotional products company priced its £135.4m IPO on the London Stock Exchange after lowering the offer price to accommodate investor feedback.
Pebble Group began trading on London’s alternative investment market (AIM) on Thursday morning, and closed at 122.98p. The IPO is the largest on the junior market this year.The strong aftermarket performance of Pebble Group comes after the IPO was priced at 105p a share, outside the initial ...
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