London Stock Exchange welcomes Aston Martin Lagonda to the main market
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."