London Stock Exchange welcomes Jimmy Choo PLC to the Main Market
London Stock Exchange today welcomes Jimmy Choo, the luxury shoes and accessories brand, to the premium listing segment of the Official List on the Main Market
Jimmy Choo is a 21st century accessories brand with shoes at its heart, with a focus on glamour, style authority, craftsmanship, luxury positioning and a distinctive iconic brand. Jimmy Choo has developed a growing global distribution network encompassing over 120 directly operated stores in prime locations supported by a rapidly growing e-commerce business, a high quality network of wholesale distributors and a successful new market entry franchise business model.
Jimmy Choo’s shareholders raised approximately £141 million at an offer price of 140pence per ordinary share, giving Jimmy Choo a market capitalisation of approximately £545.6 million at admission.
Pierre Denis, Chief Executive Officer commented: “We are delighted with our successful IPO. Today's admission marks an important milestone for Jimmy Choo and recognises not only the appeal of our high quality products but also confidence in our ability to outperform the luxury shoe market. We welcome our new shareholders and look forward to sharing with them the continuing momentum of this exceptional brand.”
BofA Merrill Lynch (Sole Sponsor, Sole Global Co-ordinator and Joint Bookrunner)
HSBC Bank Plc (Joint Bookrunner)
BHF-BANK Aktiengesellschaft (Co-Lead Manager)