Chapter 285 Raising the IPO Price
When Barron returned to London, Summit Media was conducting the second round of road shows for their IPO.
As early as March, Summit Media received approval from the UK Listing Authority (UKLA) and the London Stock Exchange (LSE) and officially started the initial public offering (IPO) process.
This time Summit Media went public, and they chose Barclays Bank as their sponsor and underwriter.
During the first round of road shows, Barclays Bank set an issue price for Summit Media in the range of 12-13 pounds per share.
However, because investors were too enthusiastic, the first round of roadshows was oversubscribed. Therefore, during this round of roadshows, they increased the issuance price and set it in the range of 13.5-15 pounds per share. .
Based on the price of only 13.5 pounds per share, this IPO can raise 337.5 million pounds, and its market value will reach 1.6875 billion pounds.
Because Summit Media’s shareholders at this time, DS Holdings and Sinclair Group, both need to lock their shares for one year, the 25 million shares issued by Summit Media this time are all newly issued stocks and have no original shares. Shareholders reduce holdings.
During the road show, Summit Media CEO Fergal Hayden announced that the funds they raised this time will be used to purchase more program content and increase the company’s production capabilities, and will be used to Freeview platform launches their premium channel SD Sports.
Due to the high-quality program content represented by "Downton Abbey", "Thetraitors" and "Love Island", and the number of users covered by the Freeview platform has exceeded 12 million, the number of SDTV viewers has It is getting closer to ITV, the third largest TV station in the UK.
Coupled with the upcoming SD Sports Channel, a paid channel, investors are extremely optimistic about the prospects of SDTV.
Especially on Saturday night, May 1st, produced by Giant Studio, the production company owned by the hottest producer in the UK and currently the most "top" presenter Bonnie Stuart "Strictly Come Dancing" was broadcast on SDTV and the response from the audience was very good.
When this program was first broadcast, there were only more than 3 million viewers watching it. As the program progressed, the viewing curve has been on an upward trend, and the final peak reached nearly 7 million!
By this time, people in the industry have already determined that another phenomenal variety show has appeared.
The success of "Strictly Come Dancing" has made Giant Studio a well-known program production company. Bonnie has succeeded again and has almost booked various awards for this year's variety shows.
At the same time, the success of this program has also made investors more optimistic about Summit Media's IPO. After all, their SDTV is the broadcast platform for this program.
Even in this road show, the issuance price of Summit Media was raised, investors' enthusiasm for chasing it has not subsided.
......
Because of Alia's "accidental encounter" with Mikhail in New York, after returning to London, Barron did not let her return to Regent's Park as before. Live in the mansion in The Holme.
Instead, he stayed with him and lived in Barron's villa in Kensington.
And here, he has also strengthened his security forces - now the number of guards near his residence and the number of bodyguards following him on trips have been doubled.
At the same time, after the intelligence team obtained as much information about Mikhail as possible, they were always paying attention to each other through certain official channels-if Mikhail used his own When the real name enters the British territory, they will be notified as soon as possible.
Of course, people like Mikhail are very likely to use false identities to enter the country, so even with this layer of protection, Barron still does not relax the safety of himself and those around him. Work.
“When we have enough food and clothing, support for the elderly, and education for the children, please don’t forget that in many places on the earth, there are still many people who are homeless, and there are many children there. Became orphans, most of them were tortured by hunger, not to mention the opportunity to receive education..."
"Our German The Hill Charitable Foundation is committed to working with some caring people who share the same vision to help those poor children so that they can get food, drinking water, health and knowledge. Thank you to His Royal Highness the Prince of Wales, His Royal Highness the Duke of Westminster, His Excellency Viscount Bute, and the support and help of more friends..."
After Barron finished speaking, the hall was drowned in applause.
The Devonshire Charitable Foundation is here today at a fundraiser to provide humanitarian aid to children across the globe in Africa and Iraq. "I'm glad you can stand up and do these things, Barron."
As on many occasions, the Prince of Wales was very keen to attend these charity events, and he patted Barron affectionately. arm, said to him.
“Compared with what you have done, these insignificant contributions of mine are not worth mentioning, Your Highness.”
"One more thing, Barron, His Majesty will personally receive the guests from Kolo..."
Hearing His Royal Highness the Crown Prince's seemingly casual words, Barron smiled:
"Congratulations to Your Highness, and Her Majesty the Queen, for the addition of members to our Commonwealth."
"You have brought us a difficult problem...Barron, we all know what is going on."
"Cheers, Your Highness..."
Barron casually picked up the wine glass on the side, clinked it with the crown prince, and took a sip:
"At least this won't be a loss for us, right? The French will show restraint, well, maybe they I wish I could get rid of the burden of Kolo..."
Yesterday, the Kolo Republic delegation headed by Jamei Bongo arrived in London by flight.
This time when they came to England, Jammeh Bongo not only showed his goodwill, but also hoped to get some assistance from England, so the delegation came directly by civil aviation in a very "pragmatic" way.
Even the president, Jammeh Bongo, purchased economy class tickets. His gesture was praised by some media - including The Independent.
On the day he arrived in London, Jammeh Bongo was received by the Prime Minister...
During the meeting, Jammeh talked about the idea of joining the "Commonwealth", which actually interested the Prime Minister. , after all, being able to expand the influence of England is also one of his political achievements.
As for them hoping to gain British support in the EU's "debt relief", as Barron said, they have nothing to lose.
After all, as a member of the West African CFA franc zone, not much of Colo’s debt belongs to Britain. Relatively speaking, the Paris Club member countries hold the largest amount of Colo debt...
This is why Jammeh will only talk about joining the Commonwealth in meetings with the British Prime Minister and the Queen this time, but will not mention it in public.
England and France...are not that close most of the time.
The opportunity to poach France and bring them together, well, I'm afraid the British won't miss it.
Furthermore, the low-interest loan that Jammeh hopes to obtain has not encountered too many obstacles, but in terms of the amount, it will definitely be decided after full demonstration.
But no matter what, Jamei Bongo will definitely gain something in England this time.
Not to mention the fact that Her Majesty the Queen personally received me.
(End of this chapter)