{"id":86055,"date":"2018-07-14T15:06:50","date_gmt":"2018-07-14T15:06:50","guid":{"rendered":"http:\/\/www.bnreport.com\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/"},"modified":"2018-07-14T15:06:50","modified_gmt":"2018-07-14T15:06:50","slug":"private-equity-backed-retailer-the-works-launches-100m-london-float-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/","title":{"rendered":"Private equity-backed retailer The Works launches \u00a3100m London float"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.cityam.com\/assets\/uploads\/main-image\/full_width_article_body_image\/inside-the-london-stock-exchange-72622827-5b486200b9c39.jpg\"\/><\/p>\n<p>Retail chain The Works plans to float on the London Stock Exchange later this month with a valuation of \u00a3100m.<\/p>\n<p>The offer price has been set at 160p per share and dealings are expected to start on 19 July.<\/p>\n<p>The Works sells arts, crafts, gifts, toys, books and stationery from more than 430 stores in the UK.<\/p>\n<p>Its chief executive Kevin Keaney said: \u201cToday represents a significant milestone for The Works and were extremely pleased with the level of interest weve received from investors in our business.\u201d<\/p>\n<p><strong>Read more<\/strong>: <a href=\"http:\/\/www.cityam.com\/265130\/sale-works-equity-group-endless\" rel=\"noreferrer\" target=\"_blank\">Sale is in The Works at private equity group Endless<\/a><\/p>\n<p>\u201cWere grateful to our exiting shareholders Endless, whose support has enabled us to get here today and look forward to welcoming new shareholders to join us in this exciting new chapter for the business.\u201d<\/p>\n<p>The Works was bought out of administration by northern private equity house Endless LLP which has previously invested in the West Cornwall Pasty Company, Jones Bootmaker and Crown Paints.<\/p>\n<p>Endless bought the business out of administration in 2008 for around \u00a317m.<\/p>\n<p><strong>Read more<\/strong>: <a href=\"http:\/\/www.cityam.com\/269175\/endless-buys-struggling-iconic-luggage-brand-antler-private\" rel=\"noreferrer\" target=\"_blank\">Endless buys struggling luggage brand Antler from private equity firm LDC<\/a><\/p>\n<p>The founder of The <a href=\"http:\/\/www.cityam.com\/company\/card-factory\" rel=\"noreferrer\" target=\"_blank\">Card Factory<\/a> Dean Hoyle also invested in the business in 2015 and joined as chairman.<\/p>\n<p>The Works sells stationery, arts and crafts materials, toys and books and has annual sales of more than \u00a3160m.<\/p>\n<p>Investec bank is acting as sponsor, financial adviser, bookrunner and broker in relation to the admission, while Leeds law firm Walker Morris is advising on legal issues.<\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\/\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail chain The Works plans to float on the London Stock Ex..<\/p>\n","protected":false},"author":1,"featured_media":86056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-86055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report<\/title>\n<meta name=\"description\" content=\"Retail chain The Works plans to float on the London Stock Ex..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Retail chain The Works plans to float on the London Stock Ex..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-14T15:06:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Private equity-backed retailer The Works launches \u00a3100m London float\",\"datePublished\":\"2018-07-14T15:06:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/\"},\"wordCount\":257,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/\",\"name\":\"Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg\",\"datePublished\":\"2018-07-14T15:06:50+00:00\",\"description\":\"Retail chain The Works plans to float on the London Stock Ex..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg\",\"width\":960,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private equity-backed retailer The Works launches \u00a3100m London float\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report","description":"Retail chain The Works plans to float on the London Stock Ex..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/","og_locale":"en_US","og_type":"article","og_title":"Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report","og_description":"Retail chain The Works plans to float on the London Stock Ex..","og_url":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-07-14T15:06:50+00:00","og_image":[{"width":960,"height":600,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Private equity-backed retailer The Works launches \u00a3100m London float","datePublished":"2018-07-14T15:06:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/"},"wordCount":257,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/","url":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/","name":"Private equity-backed retailer The Works launches \u00a3100m London float - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg","datePublished":"2018-07-14T15:06:50+00:00","description":"Retail chain The Works plans to float on the London Stock Ex..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/07\/inside-the-london-stock-exchange-72622827-5b486200b9c39-1.jpg","width":960,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/private-equity-backed-retailer-the-works-launches-100m-london-float-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Private equity-backed retailer The Works launches \u00a3100m London float"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/86055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=86055"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/86055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/86056"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=86055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=86055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=86055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}