date:Jun 13, 2014
they have lost some of the initial surge, they remain 44 pence above the float price of 300 pence.
Industry analyst Nick Bubb said Poundland had better brand recognition, but BM had better like-for-like sales growth, perhaps reflective of its multi-price business model.
Proceeds from London IPOs have more than trebled this year to $8.8 billion across 33 listings, according to Thomson Reuters data.
Other retail offers have fared less well since listing. Pets at Home, which floated at 245 pence