The company announced in a statement that its shares
will begin trading in October with a free float of at least 25 percent of the issued share capital.
The company, which decided last month stage a partial initial public offering (IPO) in London, also named Penny Hughes as chairman in a break from its tradition of an all-male board.
The car manufacturer could be valued at up to £5 billion ($6.5 billion, 5.9 billion euros), media reports indicate.
The century-old carmaker, based in Gaydon in central England, is controlled by Italian private equity fund Investindustrial and Kuwaiti investors.
German carmaker Daimler will meanwhile retain its near 5.0-percent stake.
Read more at: https://phys.org/news/2018-09-carmaker-october.html#jCp
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