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Dr Martens IPO a success

by Adrian Lawrence

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In this podcast our resident financial expert talks about the successful Dr Marten's IPO on Friday, the offer was priced at £3.80 and rose to £4.50 on their first day of trading.

Dr Martens the UK bootmaker saw a successful first day of trading on Friday when it's IPO closed at £4.50, the shares were priced at £3.70 and quickly moved up to £4.25 at the opening. It's the largest IPO on the London Stock Market since September 2020 and is very welcome as it signals a return of confidence in the IPO market. The shares now trade using the LSE code DOCS

There are a number of IPO's preparing to join the market including Moonpig.

What is positive about the Dr Martins IPO is that a few years ago the company was close to insolvency before it was purchased by a private equity house who turned it around, it has a long standing reputation and almost a cult status amongst some.

To learn more about our service at Reporting Accounts, please visit our website at www.reportingaccounts.com where you will find information and insights into more than 4.8 million UK companies.

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released January 30, 2021

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Adrian Lawrence London, UK

Entrepreneur and finance professional

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