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Investing.com -- Shawbrook Group, a UK digital banking platform, announced Monday it intends to proceed with an initial public offering on the London Stock Exchange’s Main Market.
The high-growth lender, which has expanded its loan book from £1.4 billion in 2013 to £17.0 billion as of June 2025, plans to issue new shares alongside existing shares sold by current owner Marlin Bidco Limited.
Shawbrook combines specialist lending across commercial and retail sectors with sophisticated underwriting and next-generation technology. The company serves SMEs, property investors, professional landlords, and consumers with complex credit profiles.
"When Shawbrook was founded, we saw that large parts of the UK economy were unable to access the capital needed to grow," said CEO Marcelino Castrillo. "Since then, we have created a scaled and diversified banking platform, combining next generation technology with deep human expertise."
The company has delivered 30% compound annual growth in underlying profit before tax since 2013 while maintaining a 20% median adjusted return on tangible equity. Shawbrook targets doubling its loan book to approximately £30 billion by 2030.
The IPO would provide Shawbrook with enhanced profile, brand recognition, and access to wider capital sources. The company has engaged Goldman Sachs International as Sponsor and Joint Global Coordinator alongside Barclays Bank PLC, with Stifel Nicolaus Europe Limited, Deutsche Bank AG, and UBS AG serving as Joint Bookrunners.
Shawbrook has published a registration document and expects to maintain a free float of at least 10% of issued share capital following admission, making it eligible for inclusion in FTSE UK indices.
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