Aston, which plays a starring role in the fictional British
spy's blockbuster films, turned on the glamour with its classic and modern day cars parked outside the London Stock Exchange in the heart of the City finance district and in the shadow of St Paul's Cathedral.
The group said in a statement that it priced the partial initial public offering (IPO) at £19 per share for a quarter of its stock to become the only London-listed carmaker.
However, shares made a flat start before skidding lower to stand down 4.79 percent at £18.09 in midday deals, sparking valuation concerns among analysts.
The IPO sees investors Investindustrial, Adeem Investments, Primewagon and senior management pocket more than £1.0 billion between them as Aston floats 57 million shares.
"Today's listing on the London Stock Exchange represents a historic milestone," Aston president and chief executive Andy Palmer said in the statement.
Read more at: https://phys.org/news/2018-10-carmaker-aston-martin-43bn-london.html#jCp
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