Dr Martens takes big step forward on London market debut

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The Initial Public Offering represents a vote of confidence for other companies eyeing a London listing this year.

Dr Martens shares have risen by almost a fifth in the footwear company's London stock market debut.

The Initial Public Offering raised almost £1.3bn in a boost for the firm's private equity owner Permira and Dr Martens' own expansion plans.The offer gave the company a market value of £3.7bn ahead of first dealing in shares on Friday morning that saw the stock hit 440p in early deals.

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No industrial stock available anywhere, so shares will drop soon.

KristeKline Too bad they’re not any good anymore.

These motherfuckers used to be cool. Now they make shoes out of banana skins and potatoes and shit. Why is Every advertisement they put out the models look like it’s feeding time at Piccadilly Circus.

Sole trader.....

Won't sell many pairs of them considering we ain't allowed out 'apparently' 👀🤫 I ain't following rules anymore and I think people should route. I feel like I'm in prison again but on the outside. Enough is enough. Period!

I bought my 1st pair of DMs in 1968 and have worn them ever since

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