Copenhagen-based Trustpilot, an online platform for consumer reviews, has announced its plan to launch its IPO on the London stock exchange.
London IPO
Trustpilot mentions that it would have a free float of at least 25 per cent of issued share capital and may raise approx $50M (approx €41.5M) capital for growth and to repay debt. Furthermore, it is also expected that shares representing up to a further 15 per cent of the offer will be made available pursuant to an over-allotment option.