With equity capital markets buoyed by a successful rollout of the COVID-19 vaccine and a robust pipeline of tech IPO candidates, attention is increasingly focusing on IPO venue. In addition to the historically dominant New York market, London is facing intense competition from continental exchanges in a post-Brexit environment, with Euronext Amsterdam in particular taking significant market share.
As part of the recent UK Listings Review, Lord Hill has recommended seeking to level the playing field to make London a more flexible and attractive venue, particularly for high growth tech companies. Lord Hill's recommendations cover free float requirements, the prospectus regime, dual class share structures, track record requirements, listing segments and retail investor participation. He also proposes changes to make London a more active venue for SPACs.
In this webinar, we brought together market experts to debate and comment on the factors involved in choosing an IPO venue and how the market might evolve in the coming years.
Watch in full: IPOs: London Calling?
See findings from the webinar presented in the graphic below.
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