Overview

• Princes Group confirmed its intention to list in London, with reports pointing to a valuation of about £1.5 billion.
• Beauty Tech Group priced its IPO at 271p for an initial value near £300 million and began conditional trading with shares up as much as 6% on debut.
• The FTSE 100 closed at a record 9,491 after gaining nearly 15% this year, marking its best week since April.
• Bankers and analysts cite a growing pipeline, with Shawbrook expected to pursue a London float in the coming weeks and Loveholidays and Visma reported as potential candidates.
• Recent rule changes and a more flexible regulatory stance have reopened the door for issuers, exemplified by Fermi’s dual listing, though advisers note companies must court a wider pool of investors.