Shein mulls sale of less than 10% of stocks under London IPO- reports

Shein expected to list in 2025

Sorin Dojan
clock • 1 min read

Shein is considering requesting UK regulators to exempt it from listing rules that would require at least 10% of the company's shares to be offered to the public in a London IPO, according to reports from Reuters.

According to a Reuters source, the e-commerce giant is exploring this option in order to facilitate its widely-anticipated float on the London Stock Exchange. Friday Briefing: And the exodus continues? If approved, this would likely mark the first time a company has been permitted to list below the 10% rule. Shein is expected to float with a £50bn market cap next year. Its potential launch on the LSE follows controversies surrounding two cases of child labour that the Singapore-headquartered retailer said it had found in its supply chain back in August. FCA pressed to block S...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Brooks Macdonald completes LIFT acquisition

Brooks Macdonald completes LIFT acquisition

LIFT founder Holden to lead financial planning business

Jen Frost
clock 03 February 2025 • 2 min read
ARC launches MPS indices to 'give IFAs clarity'

ARC launches MPS indices to 'give IFAs clarity'

IFAs to have free access to the index series

Isabel Baxter
clock 31 January 2025 • 2 min read
SJP posts record FUM in 2024 despite fall in net flows

SJP posts record FUM in 2024 despite fall in net flows

£5.5bn in new client investments

Beth Brearley
clock 30 January 2025 • 2 min read
Trustpilot