October 03, 2018
Aston Martin Lagonda lists on London Stock Exchange
- Iconic producer of hand-crafted luxury sports cars starts trading on the Premium Segment of the Main Market today
- IPO values Aston Martin Lagonda at £4.33 billion
- Highlights deep and liquid pools of international capital in London supporting the long-term growth of global businesses
London Stock Exchange Group (LSEG) today welcomes Aston Martin Lagonda, the iconic producer of hand-crafted luxury sports cars, to the Premium Segment of the Main Market, trading under the ticker symbol "AML". With a valuation of £4.33 billion, the successful flotation of Aston Martin Lagonda underlines the deep and liquid pools of international capital available in London to support the long-term growth of global businesses.
To celebrate the listing and start of conditional trading, Andy Palmer, President and Group Chief Executive, Aston Martin Lagonda was welcomed by Donald Brydon, Chairman, London Stock Exchange Group; David Schwimmer, CEO, London Stock Exchange Group; and Nikhil Rathi, CEO, London Stock Exchange plc to open London trading this morning.
Andy Palmer, President and Group CEO, Aston Martin Lagonda:
“Today’s listing on the London Stock Exchange represents a historic milestone for Aston Martin Lagonda and is a major vote of confidence in the turnaround of the company. By becoming the only British automotive company listed on the London Stock Exchange, Aston Martin Lagonda will provide investors with a fitting opportunity to participate in our future success.”
Donald Brydon, Chairman, London Stock Exchange Group:
“We are delighted to welcome Aston Martin Lagonda’s landmark listing on London Stock Exchange’s Main Market today. The company’s successful IPO underlines London’s leading role as a global financial centre and an open and dynamic place to do business.
“For over 300 years London Stock Exchange has been the funding partner of choice for ambitious businesses from around the world, giving them access to the deepest pools of liquid and long-term international investor capital.”
About LSEG
LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.
With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.
LSEG is headquartered in the United Kingdom, with significant operations in over 60 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.
Contacts
Media
Christopher Loscher
Alex Ritterman
+44 (0)20 7797 1222
newsroom@lseg.com