City chiefs demand fair shares in equity fundraisings

London, April 20th, 2020

Some of the most senior figures in the City are calling for listed companies seeking equity capital in the weeks to come to try to accommodate private investors, amid mounting anger that their rights are being flouted.

In an open letter to plc chiefs, to be published today, the owners of investment platforms, small investor groups and mainstream fund managers have united to express deep concern that private investors are being disadvantaged and short-changed.

Primary Bid cited as a platform allowing small retail investors to easily participate in placings.

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