Published: October 30, 2025 at 8:39 am
Specialist lender Shawbrook Group has successfully priced its initial public offering (IPO) at 370 pence per share, valuing the company at approximately £1.92 billion as it begins conditional trading on the London Stock Exchange’s Main Market.
The offering comprises 13.5 million new shares, raising £50m in gross proceeds, alongside 80.5m existing shares sold by current owner Marlin Bidco Limited, bringing the total offer size to around £348m.
A further 14.1m shares may be issued under an over-allotment option, representing roughly 18% of the company’s issued share capital on admission.
Chief executive Marcelino Castrillo said the IPO marks a “milestone that positions us well for the opportunities ahead,” highlighting Shawbrook’s scale across diverse markets and its commitment to supporting UK businesses and households.
The Brentwood-based banking firm expects unconditional trading to commence on the 4th November under the ticker SHAW, with retail investors contributing around £25m through the UK retail offer.