Cobalt Holdings Announces London Stock Exchange IPO

Cobalt Holdings Announces London Stock Exchange IPO

Cobalt Holdings plc, a company created primarily to purchase and hold physical cobalt, announced on Monday an intention to float on the London Stock Exchange, with commodity miner and trader Glencore acting as one of its cornerstone investors.   Cobalt Holdings plc intends to raise approximately $230 million through its Global Offer and the possible admission of its ordinary shares to trading on the Main Market for listed securities of the Londo…

Cobalt Holdings Plans London’s Biggest IPO in Two Years

Cobalt Holdings Plc unveiled plans for an initial public offering in London in what could potentially be the biggest UK first-time share sale in almost two years.

Cobalt Holdings to raise $230m through IPO in London

Cobalt Holdings has announced its plans to raise approximately $230m in an initial public offering (IPO) in London.The post Cobalt Holdings to raise $230m through IPO in London appeared first on Mining Technology.

Glencore-backed Cobalt Holdings to make UK debut in June

COBALT Holdings is set to launch an initial public offering (IPO) on the London Stock Exchange in June, targeting a strategic position in the clean energy market, according to a Financial Times report. The commodities investment company aims to raise approximately $230m, with global trading giant Glencore and investment firm Anchorage taking a combined 20.5% stake in the venture. Glencore will hold a 10% share in the company. Led by Jake Greenbe…

UK IPO uptick offers hope for London Stock Exchange recovery

A pair of UK companies have announced plans to list on the London Stock Exchange in a move which provides renewed hope that British capital markets can make a turnaround. Cobalt Holdings and Iforex have both confirmed their plans to list on the stock market, amid continued concerns over the falling number of IPOs (initial public offerings) in the UK.  Iforex, a fintech trading and betting firm, said it planned to list on the main market in June …