IWG surges after raising £315m of growth capital

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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IWG surges after raising £315m of growth capital

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Russell Schneider, who owns a software company, works on his laptop in the third floor common area of WeWork. Co-working operators such as Regus and WeWork specialize in creating unique work environments for millennials who want flexible office spaces. (Photo by John Gibbins/San Diego Union-Tribune/TNS/Sipa USA) | TNS/SIPA USA/PA Images

Shares in IWG, the London-listed operator of serviced offices and co-working spaces, rose by 15% on Thursday after the company successfully tapped investors for £315m to fund growth once the Covid-19 global pandemic subsides.

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