CMC Markets Expected to be Valued at About $1.05 billion Post IPO

[kreslik.news]

One of the biggest UK headquartered brokerages CMC Markets is looking to raise close to £231 million ($328 million) at the mid point of the price range of the Initial Public Offering (IPO) which the company announced earlier this month.

CMC Markets is looking for between 235 pence to 275 pence per ordinary share, with about 90.4 million shares on offer. At the time of admission to the London Stock Exchange this will be about 31 per cent of the ordinary shares of the UK brokerage.
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