London Stock Exchange flotations at 7-year high

The number of companies which floated on the London Stock Exchange in 2013 was at its highest since 2007, with 105 firms raising £15.7 billion through 43 main market listings and 62 by admission to the Alternative Investment Market (Aim).

Royal Mail Group was the largest European flotation, raising £1.7bn, while 36 technology firms raised £1bn, the highest number and value in six years. The FTSE 100 marks its 30th anniversary on Friday. Of the original constituents, 30 remain in the index.

Royal Mail's flotation helped the LSE to a seven-year high. Picture: PAplaceholder image
Royal Mail's flotation helped the LSE to a seven-year high. Picture: PA
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