Brief: NewPrinces Confirms Princes Group IPO Pricing At 475 Pence Per Share

Newprinces SpA

31/10/2025 07:17

Oct 31 (Reuters) - Newprinces SpA NWLF.MI:

PRINCES GROUP CONFIRMS THE OFFER SIZE AND PRICING OF THE OFFER AT 475 PENCE PER ORDINARY SHARE

PRINCES GROUP’S MARKET CAPITALISATION WILL BE AROUND £1,162 MILLION

NEWPRINCES ALLOCATED 42 MILLION OF NEWLY ISSUED ORDINARY SHARES AT THE OFFER PRICE, TOTALING AN AMOUNT OF AROUND £200 MILLION

NEWPRINCES WILL RETAIN 82.7% OF THE ISSUED SHARE CAPITAL OF PRINCES GROUP

COMMENCEMENT OF CONDITIONAL DEALINGS IN ORDINARY SHARES ON LONDON STOCK EXCHANGE IS EXPECTED TO TAKE PLACE ON FRIDAY

Further company coverage: NWLF.MI

 (Gdansk Newsroom)

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