Platform CEOs call for retail investors to be included in IPOs

Andy Bell
19 February 2021

Below is a link open letter regarding the exclusion of retail investors from most Initial Public Offerings (IPOs) in the UK. 

The CEOs of AJ Bell, Hargreaves Lansdown and Interactive Investor, businesses that combined administer over £200 billion for around 2 million retail investors in the UK, have joined forces to stand up for the rights of retail investors in relation to IPOs.

For too long, UK listings have been the preserve of financial institutions and the platforms are urging John Glen MP, Economic Secretary to the Treasury and City Minister to consider the rights of retail shareholders in relation to IPOs.

It is written as an open letter because the three companies want the arguments made to also be heard by the Boards and advisers of companies considering listing on the London Stock Exchange (LSE).

Click here to view the open letter.

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