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Strong first day of trading for Worldpay after UK’s biggest IPO in years

14th October 2015 9:32 am GMT

Shares in payments processor Worldpay Group rose nearly 7 per cent in London Tuesday after the company completed one of the biggest initial public offerings (IPO) in the UK, raising total gross proceeds of more than £2.16bn.

The company yesterday confirmed the successful pricing of its IPO at 240 pence per ordinary share, giving Worldpay a market capitalisation of around £4.8bn.

“Today’s announcement is a significant milestone for Worldpay,” said Worldpay CEO Philip Jansen. “We are proud [...]

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