Moonpig shuts books early as funds pile in

LSE_16_PA_575_375
By Aidan Gregory
29 Jan 2021

Moonpig, the UK online greetings card company, is increasing the size of its IPO and pricing the deal early after a deluge of orders for stock from investors.

The flotation on the London Stock Exchange is expected to price at 350p, the top of the initial range, valuing Moonpig at £1.2bn, according to a source close to the transaction. The final size of the IPO is also expected to be around £549m including the greenshoe, an ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial