Completed Transactions•March 2023
Bloomberg: London Stock Exchange Seeks Accelerated IPOs in Listing Review
As London Stock Exchange Group urged the government to shorten the process for companies to go public as part of a review of its listing rules, PrimaryBid CEO Anand Sambasivan explained the role that digital technologies can play in increasing retail participation in U.K. IPOs.
“The rules governing the retail IPO timetable are from an age of checks and postage stamps,” Sambasivan explained in an interview with Bloomberg. Digital technologies mean time frames can be compressed, “nullifying the main argument for excluding retail investors from public market debuts.”