Cobalt Holdings IPO
Applications closed
Important Information - The value of investments will fall as well as rise, so you could get back less than you invest. Once held in a pension, funds are not usually accessible until age 55 (57 from 2028). Tax rules can change and any benefits depend on individual circumstances. If you are unsure of the suitability of an investment for your circumstances, you should seek advice. This advertisement is issued by, and is the sole responsibility of, Hargreaves Lansdown Asset Management Limited.
Allocations expected on 5 June 2025
Cobalt Holdings is a new equity listing on the London Stock Exchange.
We expect to find out how many shares clients have received on 5 June 2025. Shares will be credited to successful applicants' accounts on 5 June, unless circumstances beyond our control prevent us from being able to do so.
Expected timetable
| Applications close: | 1pm Wednesday 4 June 2025 |
| Allocations and Sterling price confirmed: | Thursday 5 June 2025 |
| Conditional dealing begins: | 8am Thursday 5 June 2025 |
| Unconditional dealing begins: | 8am Tuesday 10 June 2025 |
This is the expected timetable.
How to deal Cobalt Holdings - online and telephone
Cobalt Holdings shares are expected to begin trading conditionally on the London Stock Exchange on Thursday 5 June 2025. During conditional dealing, investors can only buy shares in a Fund and Share Account, but are able to sell shares in any account.
Unconditional trading is expected to commence from Tuesday 10 June 2025. Investors will be able to buy and sell in any account either online or over the phone from this point.
The quickest and easiest way to view your Cobalt Holdings shares or to check the share price is online.
The cheapest way to trade Cobalt Holdings is online, where you will pay a maximum of £11.95 per trade. You can also trade Cobalt Holdings over the telephone where the commission is 1% (minimum £20, maximum £50).
There’s a government stamp duty charge of 0.5% when buying UK listed shares. But you won’t have to pay stamp duty when you sell.
And there’s also a flat £1.50 fee for those that buy or sell over £10,000 worth of shares. This is the Panel on Takeovers and Mergers levy.
Key documents
Make sure you’ve read these key documents.
View the Retail Offer Announcement
View Our Offer Terms and Conditions
The publication of the Prospectus on our website is not an endorsement of the Cobalt Holdings launch. Hargreaves Lansdown has not authorised or approved the Prospectus, as such we are unable to guarantee their accuracy. We are using the Prospectus with the consent of Cobalt Holdings.
What happens after you apply?
- You can view your application in the Pending Orders tab of your online account.
- You can cancel your application at any time up to the point when the offer closes.
- You will receive confirmation of your allocation by secure message.
- You'll be able to sell your shares in any account from 8am on Thursday 5 June, and buy shares in an HL Fund and Share Account.
- You will be able to buy and sell Cobalt Holdings shares in any account from 8am on Tuesday 10 June.
The following charges are based on an investment of £5,000 within a Stocks and Shares ISA over 5 years assuming 5% growth rate.
£137.90
The following charges are based on an investment of £5,000 within a Stocks and Shares ISA over 5 years assuming 5% growth rate.
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | ||
|---|---|---|---|---|---|---|---|
| HL Charges | £23.01 | £24.05 | £25.14 | £26.28 | £39.42 | £137.90 | |
| HL management charge | 0.45% | £23.01 | £24.05 | £25.14 | £26.28 | £27.47 | £125.95 |
| Entry dealing charge | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |
| Exit dealing charge | £0.00 | £0.00 | £0.00 | £0.00 | £11.95 | £11.95 | |
| Total charges over 5 years | £23.01 | £24.05 | £25.14 | £26.28 | £39.42 | £137.90 | |
| Average annual charge | 0.45% | 0.45% | 0.45% | 0.45% | 0.64% | 0.49% | |
| Illustrative 5 year value | £5,226.47 | £5,463.20 | £5,710.65 | £5,969.32 | £6,227.74 | £6,227.74 | |
| Illustrative 5 year value with no charges applied | £5,250.00 | £5,512.50 | £5,788.13 | £6,077.53 | £6,381.41 | £6,381.41 |
The costs and charges shown are for illustration purposes only based on the assumptions presented. Please refer to our tariff of charges before investing. Returns are not guaranteed.
Total HL charges and 5 year HL charges also include an £11.95 exit dealing charge.
Figures may not add up to the given total due to rounding.
Key documents
View the Retail Offer Announcement
View Our Offer Terms and Conditions
The publication of the Prospectus on our website is not an endorsement of the Cobalt Holdings launch. Hargreaves Lansdown has not authorised or approved the Prospectus, as such we are unable to guarantee their accuracy. We are using the Prospectus with the consent of Cobalt Holdings.