SimplyBiz floats on AIM at expected £130m

Under ticker SBIZ

Tom Ellis
clock • 1 min read

Compliance and support services firm SimplyBiz has floated on the Alternative Investment Market (AIM) at a placing price of 170p per share.

The financial adviser support company's entire issued ordinary share capital - 76,470,588 ordinary shares - this morning on the AIM market of the London Stock Exchange under the ticker SBIZ. It is expected to have a market capitalisation of £130m on admission. SimplyBiz has previously said it raised £30m from an institutional placing of ordinary share at 170p and £34.6m for selling shareholders through an institutional placing. Zeus Capital acted as its nominated adviser and sole broker on the company's placing and IPO. Joint chief executives Matt Timmins and Neil Stevens have been ru...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Interim results for the six months to 30 September

Jenna Brown
clock 18 November 2025 • 2 min read
FSCS deposit protection limit to rise to £120,000

FSCS deposit protection limit to rise to £120,000

Up from current limit of £85,00 following PRA announcement

Isabel Baxter
clock 18 November 2025 • 2 min read
Aberdeen to close private client service after selling advice arm to Ascot Lloyd

Aberdeen to close private client service after selling advice arm to Ascot Lloyd

Clients have been made aware

Isabel Baxter
clock 17 November 2025 • 1 min read