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What are the risks?

Any decision to invest in an IPO or bond launch should be made solely on the basis of the information contained in the prospectus, and any supplementary information. The specific risks will be detailed in the prospectus but the value of all investments can fall as well as rise, so you may get back less than you invested. Dividends are not guaranteed and, if paid, are variable.

A company which is the subject of an IPO may not have a long track record and could be difficult to value or calculate a fair price. In many IPOs you will not know the share price before you commit to buy and therefore might end up buying at a higher price than you wished.

If you have any doubts about the suitability of an IPO for your circumstances you should seek expert advice.

During the period between the Intention to Float being announced and the start of the Offer Period, the intention may be withdrawn. Any publication of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue.

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