The Financial Conduct Authority has fined Paul Stephany, a former fund manager at Newton Investment Management, £32,200 for his conduct in relation to an Initial Public Offering.
Platform and SIPP operator AJ Bell’s market capitalisation is will be “approximately £651m”, the company has revealed.
Platform and SIPP operator AJ Bell is set to be valued at between £626m and £675m when it floats on the stock market in December, the company predicts.
Platform and SIPP firm AJ Bell has boosted its profits to more than £28m as its forthcoming IPO approaches.
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