supergroup and promethean floats show new faith in london stock exchange - best electronic whiteboard

With the emergence of fashion chain supermarkets and electronic whiteboards, confidence in the ability of the London Stock Exchange to raise funds seems to be back --
Manufacturer Promethean World announced today that each of them earned about £ 0. 4 billion from their floats.
Last month, Merlin Entertainment, the owner of fashion chain New Look and Legoland, withdrew from the planned ipo, and super group founder Julian Dunkerton predicted today that a range of other companies would follow in his footsteps.
"Because of our success, I believe others will do the same now, choosing to float instead of going to venture capitalists," he said . ".
Oversubscribed IPOs will raise £ 0. 125 billion, of which £ 0. 12 billion will come from institutions and £ 5 million will come from retail investors.
SuperGroup is valued at 0. 395 billion, slightly below the expected 0. 4 billion.
Dunkerton will receive approximately £ 50 million from the £ 0. 105 billion proceeds shared by management.
The retail offer will be open to the public on Monday.
Promethean World raised £ 0. 186 billion from its stock offering, with a share price of £ 200 and a market value of £ 0. 4 billion.
Jean-President
Yves Charlier said: "We have created a strong body registration, UK-centric, long-
Long term investors attracted by the business and the fact that we don't have the debt to come to the market.