Footasylum to float with market capitalisation of £171.3m
Rochdale-based fashion-focused footwear firm Footasylum is to float on the AIM with a market capitalisation of £171.3m, and will make its 30-year-old chief executive the youngest boss of a listed company.
The business , founded by David Makin who is the father of CEO Clare Nesbitt, will raise about £65.4m with its initial public offering.
Footasylum has conditionally raised £43.4m as a result of the placing and the subscription.
About £18.7m will be used to redeem the preference shares in accordance with the redemption ag... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
