Tag: listing

Betfair set float price

Full news release here: –

https://corporate.betfair.com/media/press-releases/2010/2010-10-07.aspx

But here is the important bit: –

“The indicative price range of the Offer has been set at between £11.00 and £14.00 per Share, which is equivalent to an equity value for Betfair of between approximately £1.16 billion and £1.48 billion based on its issued share capital². This indicative price range is expected to make Betfair eligible for inclusion in the FTSE 250 Index in due course.”