Pension consolidator PensionBee has said submitted an intention to float on the London Stock Exchange (LSE).
PensionBee said it is considering an initial public offering (IPO) and applying for admission of its shares to trading on the high growth segment of the main market. Should PensionBee proceed, then the IPO would comprise new shares to be issued by the company and further details of the terms of the offering will be disclosed in an intention to float. The company was co-founded in 2014 by CEO Romi Savova and CTO Jonathan Lister Parsons. It has around 130,000 active customers and £1.5bn assets under administration. PensionBee said more than 8,000 customers had so far registered to t...
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