Raspberry Pi confirms London listing

Investment Week

Raspberry Pi said it is looking to issue $40m in new shares alongside existing shares set to be sold by certain shareholders, including Raspberry Pi Mid Co Limited, a wholly owned subsidiary of the Raspberry Pi Foundation, which is Raspberry Pi’s existing majority shareholder. Up to 10% of the ordinary shares expected to be sold by Raspberry Pi Foundation will only be made available through an over-allotment option. London remains ‘key destination’ for IPOs The IPO will also launch with agreements with existing shareholders Arm and Lansdowne Partners to purchase $35m and up to $20m…

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