Boohoo is planning to list on the Alternative Investment Market (Aim) in London from the middle of March in a float which could value the company at £500m.
On Friday the young fashion etailer posted a regulatory filing in which it stated its intentions for the listing on Aim. It has been reported that Boohoo plans to raise more than £100m from the float and gain a market value of around £500m.
Last week it was revealed the etailer has appointed ex-Shop Direct boss Mark Newton-Jones to its board in a non-executive director role. Newton-Jones joins former Asos non-executive Peter Williams, who is set to become chairman of the fashion etailer when it lists.