PensionBee draws 12,000 customer sign-ups for IPO with estimated market cap of £348m

Hope William-Smith
clock • 1 min read
Savova: “We’re delighted that so many of our customers wish to join us as shareholders."

Savova: “We’re delighted that so many of our customers wish to join us as shareholders."

Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.

The intention for the floatation - which could see the online pension provider valued at between £346m and £348m - was announced on 24 March. PensionBee confirmed the price range for the offer has...

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