The London Stock Exchange saw a big fall in the value of fundraising from flotations in the first quarter of this year, according to new figures from professional advisory firm EY.
The main London Stock Exchange and the Alternative Investment Market together saw 19 IPOs (initial public offerings or flotations), which raising £397m, in Q1. This compared to a record breaking £5.6bn in Q1 of 2021 with 22 listings.
The market main had 12 floats which raised £308m , with the seven listings on AIM raising £89m. The largest main market float was New Energy One Acquisition Corp Plc which raised £175m
