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LONDON - Barclays Capital Securities Limited, acting as Stabilising Manager for Shawbrook Group plc’s initial public offering, has conducted stabilization transactions over the past week to support the share price, according to a mid-stabilization period announcement released Monday.
The stabilization activities for Shawbrook’s ordinary shares began on November 18, with transactions executed at prices ranging from 366 pence to 370 pence per share through November 24. The IPO was priced at 370 pence per ordinary share.
According to the announcement, the offering consisted of 94,007,050 ordinary shares, excluding an over-allotment option. The shares trade under the ISIN GB00BV9DPV21.
The stabilization transactions were conducted in accordance with the Market Abuse Regulation provisions and Commission Delegated Regulation as retained in UK law following Brexit.
Barclays noted that while it may over-allot securities or conduct transactions to support the market price at levels higher than might otherwise prevail, there is no assurance that stabilization actions will continue, and any such activities may end at any time.
Shawbrook Group’s IPO was initially announced on October 30, 2025, when the pre-stabilization period began. The current stabilization period follows the company’s listing on the London Stock Exchange.
This information is based on a press release statement issued by Barclays Bank PLC as the Stabilising Manager for the Shawbrook Group IPO.
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