February 25, 2024
City Whispers speaks to Quantum about listings rule change
City Whispers speaks to Quantum about listings rule change
City Whispers, the investment news column by This is Money (www.thisismoney.co.uk), spoke to Quantum Group’s Peter Malmstrom about London rule changes impacting company listings in the capital. The article notes that the regime changes area bid by the “Financial Conduct Authority to make London a more attractive place to float companies after defections and snubs from firms opting for NewYork over the City.”
“We firmly believe London is still one of the world's most prestigious exchanges, and the right place for us,” co-founder Peter Malmstrom told City Whispers.
This is Money is the UK’s financial website of the year, and dedicated to providing its 3m readership with the “best possible financial advice and information, empowering them to make the right choices” about their money.
The article comes as Quantum Group announced its intention earlier this year to move towards a public listing on the London StockExchange. Quantum, which has no external debt, is the UK’s most exciting fintech and security incubators, growing its portfolio of companies— including business expense management company Volopa and cyber security and crisis response specialists Valkyrie — to household names through its unique approach.
Announced at the end of 2023, the Financial Conduct Authority’s (FCA) proposal of reforming the existing listings rules are designed to create an environment that allows for a more “diverse range of companies to list and grow on UK markets, while promoting more investment opportunities for investors”.
“Thriving capital markets are the cornerstone of a strong economy and drive the sustainable growth that powers our economic ecosystem,”the FCA said on its website. “These are the most wide-ranging and consequential reforms to the UK’s capital markets in over three decades.”
Find out more about Quantum’s portfolio of companies and dedicated leadership team here
