Shares in over-50s insurance specialist Saga were today admitted to trading on the London Stock Exchange.
Ordinary share capital consisting of 1,110,705,405 ordinary shares was admitted to the premium listing segment of the official list of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange.
Last week Saga's executive chairman Andrew Goodsell said the firm had decided to narrow the price range to 185p, after closing books on an offering to Saga customers, resulting in a market capitalisation value of £2.1bn.
Meanwhile, Philip N. Green, chairman of Carillion, was been appointed senior independent director of Saga.
