MHA 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 Tuesday 15 April 2025
We expect to find out how many shares clients have received on 15 April 2025. Shares will be credited to successful applicants' accounts on 15 April 2025, unless circumstances beyond our control prevent us from being able to do so.
We will send out confirmation of allocations once the shares are showing on clients’ accounts. Clients with online access will receive their confirmation via our secure messaging service.
Expected timetable
| Applications close: | 1pm Monday 14 April 2025 |
| Allocations announced: | Tuesday 15 April 2025 |
| Admission starts: | Tuesday 15 April 2025 |
This is the expected timetable and may be subject to change. Applications may close early without warning.
How to deal MHA - online and telephone
MHA shares are expected to begin trading on the Alternative Investment Market (AIM) on Tuesday 15 April.
The Admission Document includes full details on the risks of investing in the MHA IPO. If you're not sure if the investment is right for you or your circumstances, please speak to a financial adviser.
The quickest and easiest way to view your MHA shares or to check the share price is online.
The cheapest way to trade MHA is online, where you will pay a maximum of £11.95 per trade. You can also trade MHA over the telephone where the commission is 1% (minimum £20, maximum £50).
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.
Find out more about our accounts
Please note: money in a SIPP can't normally be accessed until age 55 (57 from 2028).
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 Admission Document on our website is not an endorsement of the MHA launch. Hargreaves Lansdown has not authorised or approved the Admission Document, as such we are unable to guarantee their accuracy. We are using the Admission Document with the consent of MHA.
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 buy and sell MHA shares in any account once they are listed on the exchange.
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 Admission Document on our website is not an endorsement of the MHA launch. Hargreaves Lansdown has not authorised or approved the Admission Document, as such we are unable to guarantee their accuracy. We are using the Admission Document with the consent of MHA.