This content is not available in your region

British commodities broker Marex Spectron plans London float

By Reuters

<p><body> <p><span class="caps">LONDON</span> (Reuters) – British commodities broker Marex Spectron Group said on Friday that it is considering an initial public offering on the London Stock Exchange’s main market.</p> <p>The company, which plans to publish registration documents later in the day, intends to have a free float of at least 25% of issued share capital, it said. The broker expects that shares representing a further 15% of the offer will be made available pursuant to an over-allotment option, it said.</p> <p/> <p> (Reporting by Anna Irrera; Editing by Rachel Armstrong)</p> </body></p>