Announcement of Pricing and Offer Size
Beauty Tech Group prices IPO at 271 pence per share, raising £106.5 million with £300 million market capitalisation.
- Offer Price 271 pence per Share
- Market capitalisation approximately £300 million
- Primary capital raised approximately £29 million
- Total offer size £106.5 million
- New Shares issued 10,701,107
- Existing Shares sold 28,605,654
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Following the Announcement of Price Range on 24 September 2025 for its initial public offering, The Beauty Tech Group today announces the successful pricing of its initial public offering at 271 pence per Share (the "Offer Price").
Based on the Offer Price, The Beauty Tech Group's market capitalisation will be approximately £300 million at the commencement of conditional dealings on the main market for listed securities of the London Stock Exchange plc.
Laurence Newman, Founder and CEO of The Beauty Tech Group, said: "I am incredibly proud of everything The Beauty Tech Group has achieved since we launched CurrentBody in 2009. From establishing ourselves as a global leader in the fast growing at-home beauty technology market to successfully completing this milestone listing on the London Stock Exchange, the Group continues to go from strength to strength.
"As we enter the next stage of our growth journey, this IPO provides the perfect platform to increase awareness of our three distinct, premium brands and take the Group to the next level, while delivering sustained and profitable growth. The continued momentum within the business and strong support from investors during our roadshow, gives us the confidence and financial firepower to fully capitalise on the significant opportunities that lie before us.
"Most importantly, I would like to thank everyone at The Beauty Tech Group. The business would not be where it is today without their dedication and hard work and I am excited to embark on this next chapter together."
Offer highlights:
| · | The Offer Price has been set at 271 pence per Share, equating to a market capitalisation of approximately £300 million at the commencement of conditional dealings. |
| · | The Offer comprises 10,701,107 new Shares to raise primary capital of approximately £29 million, to ensure a debt-free position at IPO with sufficient working capital, and 28,605,654 existing Shares being sold by shareholders of the Company. |
| · | This equates to a total offer size of £106.5 million and represents approximately 35.5% of the Company's issued share capital on Admission. |
| · | Immediately following Admission, the Company's issued share capital will be 110,701,107 Shares. |
| · | The Offer included an intermediaries offer, using Retail Book Limited for distribution to retail investors in the United Kingdom (the "Intermediaries Offer"). Of the 28,605,654 existing Shares sold in the Offer, 2,245,151 Shares will be sold to intermediaries through the Intermediaries Offer, raising approximately £6.1 million. |
| Admission and Dealings | |
| · | Commencement of conditional dealings in the Shares on the London Stock Exchange is expected to take place at 8:00 a.m. on 3 October 2025 under the ticker TBTG (ISIN: GB00BTWSXB68). Investors should note that only those who applied for and were allocated Shares in the Offer will be able to deal in the Shares on a conditional basis. |
| · | Admission of the Shares to the equity shares (commercial companies) category of the official list of the FCA and to trading on the main market for listed securities of London Stock Exchange plc, and the commencement of unconditional dealings in the Shares on the London Stock Exchange, is expected to occur at 8.00 a.m. on 8 October 2025. |
| · | All dealings in the Shares before the commencement of unconditional dealings will be of no effect if Admission does not take place and such dealings will be at the sole risk of the parties concerned. |
| · | The pricing statement related to the Offer will be published later today on the Company's website at https://www.thebeautytechgroup.com/. |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.