PensionBee, which plans to IPO imminently, will reportedly be valued at between £346mn and £384mn.
In Brief:
In its announcement this morning it stated the price range for the IPO has been set.
Shares will be between 155p and 175p.
It will include two offers, to institutional investors and to customers respectively.
What does this mean?
Through its IPO the company plans to raise £55mn to support future growth, which will include marketing and boosting the capabilities of its technology platform.
