Jupiter Agrees to Subscribe £90m for Revolution Beauty’s Upcoming AIM Float
- Revolution Beauty plans to go public on AIM
- Jupiter Asset Management agrees to subscribe £90m for the placing
- Float expected in July 2021
Revolution Beauty Group has announced its intention to trade on the London Stock Exchange’s Alternative Investment Market (AIM) in a planned initial public offering (IPO) scheduled for July 2021. Jupiter Asset Management has already agreed to subscribe £90 million for the placing, subject to undisclosed conditions.
Factuality Level: 8
Factuality Justification: The article provides relevant and concise information about the company’s announcement of an upcoming IPO on AIM in July 2021.
Noise Level: 7
Noise Justification: The article provides basic information about a company’s announcement of an upcoming event but lacks depth and analysis. It does not explore the consequences or long-term trends related to the news, nor does it provide actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: AIM (London Stock Exchange), Revolutionary Beauty Group
Financial Rating Justification: The announcement of a company planning to trade on AIM, a stock exchange, indicates financial relevance as it involves the trading of shares and impacting the market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of any extreme event in the last 48 hours.
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