Shawbrook shares open up 7% in London debut after IPO

Shawbrook

30/10/2025 08:12

Oct 30 (Reuters) - Shawbrook SHAW.L shares rose around 7% in early trading on Thursday in their London market debut after an initial public offering priced in the middle of the range, valuing the British lender at about $2.6 billion.

The listing marks a return to the public market for the bank, which was taken private by BC Partners and Pollen Street in 2017.

By 0808 GMT the stock was traded at 397.95 pence, compared to the IPO price of 370 pence.

 (Reporting by Danilo Masoni; Editing by Amanda Cooper)

 ((Danilo.Masoni@TR.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net))