Augmentum Fintech, a closed-ended investment firm backed by Rothschild firm RIT Capital Partners, plans to raise at least 100 million pounds through an initial public offering in London, it said on Tuesday.

The company is looking to issue 100 million ordinary shares with an issue price of one pound, with a maximum size of 125 million, it said in a statement.

“The substantial demand for post-seed venture capital funding in the European fintech market is being underserved and the company will be well-positioned to capitalise on the best opportunities available,” Neil England, Chairman of Augmentum Fintech said.

Read article

© 2018 Augmentum Fintech plc. All rights reserved.
Registered in England and Wales, company no. 11118262

Augmentum Fintech plc conducts its affairs so that its shares can be recommended by independent financial advisers (IFAs) to retail private investors. The shares are excluded from the Financial Conduct Authority's (FCA's) restrictions which apply to non-mainstream investment products because they are shares in a UK-listed investment trust

Investors should seek independent financial advice before investing. The value of your investment can go down as well as up, so you could get back less that you invested.

Back To Top