Moonpig sets IPO range

By Sam Kerr
26 Jan 2021

Moonpig, the online greetings card company, has set a price range on its IPO, which values the company at almost £1.2bn at the top of the range.

Bookrunners have set a range of £3.10-£3.50 a share, a 32% freefloat at base deal size and a 35% float if the greenshoe option is exercised.

The company will raise around £20m of new capital but the majority of the IPO will be in the form of shares ...

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