Prospectus and Announcement of Offer Price
iFOREX Financial Trading Holdings has announced the publication of its prospectus and the pricing of its initial public offering at 195 pence per ordinary share, resulting in a market capitalisation of approximately £43.3 million upon commencement of dealings on the London Stock Exchange. The total offer size is £8.75 million, representing approximately 20.2 per cent of the company's ordinary shares. The placing was oversubscribed, and admission to trading on the Main Market of the London Stock Exchange is expected on 25 February 2026.
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Neither this announcement, nor anything contained herein, nor anything contained in the Registration Document (as defined herein) shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase any shares referred to in this announcement or the Registration Document except solely on the basis of the information contained in the prospectus (together with any supplementary prospectus, if relevant, the "Prospectus"), including the risk factors set out therein, that has today been published by iFOREX Financial Trading Holdings Ltd. (the "Company" and, together with its subsidiaries, the "Group"), in connection with the proposed offer (the "Offer") of ordinary shares in the Company (the "Ordinary Shares") and the proposed admission of such Ordinary Shares to the equity shares (commercial companies) segment of the Official List of the FCA and to trading on the Main Market for listed securities of London Stock Exchange plc (the "London Stock Exchange") (together, "Admission").
iFOREX Financial Trading Holdings Ltd.
(trading as "iFOREX")
("iFOREX", the "Company" or the "Group")
Publication of Prospectus and Announcement of Offer Price
Publication of Prospectus
iFOREX Financial Trading Holdings Ltd., a leading global fintech company developing and operating a proprietary electronic trading platform, announces that further to its IPO Update Announcement made on 17 February 2026, the Prospectus has been approved by the FCA and has been published by the Company today.
Details of the Offer are set out in the Prospectus, which will shortly be available for viewing on the Company's website at: www.iforex.com/investors/investor-relations, subject to certain access restrictions.
A copy of the Prospectus will be uploaded to the National Storage Mechanism and be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
Offer Price and Offer Size
iFOREX also announces the successful pricing of its initial public offering (the "IPO") at 195 pence per Ordinary Share (the "Offer Price"). Based on the Offer Price, iFOREX's market capitalisation will be approximately £43.3 million at the commencement of dealings on the Main Market of the London Stock Exchange.
Itai Sadeh, CEO of iFOREX, commented:
"Today marks a pivotal moment in iFOREX's evolution as we prepare to list on the Main Market of the London Stock Exchange, a market that aligns perfectly with our ambitions to be a global fintech market leader. Over many years, our commitment to innovation and disciplined risk management has driven steady profitability, supported by our proprietary technology. The oversubscribed placing reflects investor confidence in our strategy, solid fundamentals and scalable operating model. Building on this momentum, our focus remains on international expansion and the continued enhancement of our trading platform to deliver sustainable long-term value for both our clients and shareholders."
Offer highlights:
- The Offer Price has been set at 195 pence per Ordinary Share, equating to a market capitalisation of approximately £43.3 million at the commencement of dealings.
- Total Offer Size of £8.75 million which represents approximately 20.2 per cent of the Company's Ordinary Shares on Admission.
- The Offer comprises solely of 4,487,179 new Ordinary Shares.
- The Placing undertaken in conjunction with Admission was oversubscribed.
- Immediately following Admission, the Company's issued share capital will be 22,186,6791 Ordinary Shares.
- Eyal Carmon, the business' founder and majority shareholder (the "Founder"), will remain the majority shareholder of iFOREX upon Admission and has entered into a relationship agreement with the Company which will come into force on Admission. The Founder will also continue to assist with providing his expertise to the business through a consultancy agreement with Recap Ltd., a company wholly owned by the Founder.
- The Founder, the Directors, the Proposed Directors, and certain other senior managers and employees who hold an interest in the Ordinary Shares through an employee share ownership trust (the "ESOP") have agreed to a 12-month lock-up period, and subsequent 12 month orderly market period, in respect of their interest in the Ordinary Shares held at Admission.
- Shore Capital and Corporate Limited ("Shore Capital") is acting as Sponsor and Shore Capital Stockbrokers Limited is acting as Sole Bookrunner.
- As set out in the Prospectus, an additional 296,800 new Ordinary Shares are expected to be issued shortly following Admission.
Admission and Dealings:
- Admission, and the commencement of dealings in the Ordinary Shares on the London Stock Exchange is expected to take place at 8.00 a.m. on 25 February 2026 under the ticker IFRX (ISIN:GG00BN7RXN80). There will be no conditional dealings in the Ordinary Shares.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.