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British commodities broker Marex Spectron plans London float

British commodities broker Marex Spectron plans London float
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By Reuters
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LONDON (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.

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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.

(Reporting by Anna Irrera; Editing by Rachel Armstrong)

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