Marex
15 April 2024
Marex Group plc announces that it has launched the initial public offering of its ordinary shares. 15,384,615 ordinary shares are being offered, 25% of which are being offered by Marex and 75% of which are being offered by certain selling shareholders (including Amphitryon Limited, in which JRJ Group and BXR Group have an indirect ownership interest). The expected IPO price is currently estimated to be between $18 to $21 per share. The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 2,307,692 ordinary shares to cover over-allotments. Marex’s ordinary shares are expected to trade on Nasdaq under ticker symbol “MRX”.
Read more