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Beauty Tech Group Lists in London at £300 Million Valuation as Shares Rise on Debut

Founder Laurence Newman frames the IPO as a vote of confidence in the City to spur more UK flotations.

Overview

  • Shares were priced at 271p, raising about £29 million in new capital within a total offer of roughly £106.5 million that represents around 35.5% of the company.
  • The stock opened at 279.1p, about 3% above the offer price, and later traded roughly 6% higher in the afternoon.
  • The group reported underlying earnings of £22.9 million on £101.1 million revenue in 2024, with first‑half 2025 sales up 27% to £55.2 million.
  • Beauty Tech owns the CurrentBody, ZIIP Beauty and Tria Laser brands, shifted to selling only its own devices in 2019, and now sells in more than 90 countries.
  • The listing is being presented as a boost to London’s IPO market, with adviser Berenberg saying the deal shows the UK market is open for business.