Insurance Post

Sabre's value climbs on stock market debut

Stock market

Sabre Insurance’s valuation rose 9% to roughly £630m in the first hour of its London Stock Exchange debut this morning.

The insurer’s shares rose to 252p per share from its initial pricing of 230p per share at the start of trading. The listing comprises 125,000,000 shares equating to an offer size of £287.5m

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