Brooks Macdonald joins main LSE market

Move will ‘enhance the group’s corporate profile'

Isabel Baxter
clock • 1 min read

Wealth manager Brooks Macdonald has joined the main market of the London Stock Exchange (LSE).

In an announcement today (28 March), Brooks Macdonald unveiled that its ordinary shares will additionally, be admitted to the equity shares category of the regulator's official list. Brooks Macdonald said it does not intend to raise any funds or offer any new ordinary shares in connection with promotion and that the listing will be effected via an introduction of the company's existing ordinary shares.  Upon admission, the wealth manager's issued ordinary share capital will be 16,382,539. There are no ordinary shares held in Treasury. Brooks Macdonald CEO Andrea Montague said: "As ...

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Isabel Baxter
Author spotlight

Isabel Baxter

News editor at Professional Adviser

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