Invescore Financial Group Limited [LSE:ICFG] is now listed on the Main Market of the London Stock Exchange!
Feb 17, 2025
Namkhaidorj B
Invescore Financial Group Limited [LSE:ICFG] is now listed on the Main Market of the London Stock Exchange!
This marks a significant achievement as the first Mongolian financial company to be listed on the London Stock Exchange (LSE)—a significant step forward for both ICFG and Mongolia’s broader financial sector.
This marks a significant achievement as the first Mongolian financial company to be listed on the London Stock Exchange (LSE)—a significant step forward for both ICFG and Mongolia’s broader financial sector.
For ICFG, this milestone unlocks new opportunities for growth, leveraging its strong position in microfinance and cutting-edge technology to build a scalable, competitive business model that redefines financial accessibility in emerging economies.
But this listing isn’t just about ICFG—it paves the way for non-mining Mongolian companies to access global capital markets, setting a precedent for future international expansion.
Key Highlights:
✅ Reverse Takeover Listing: ICFG Pte. Ltd. acquired by Fintech Asia Limited, which will be renamed ICFG Limited.
✅ New Share Issuance: 177,840,000 new ordinary shares issued, bringing total issued shares to 203,957,116 post-acquisition.
✅ Issue Price: £0.64 per ordinary share
✅ Market Capitalization (upon Admission): £130.5 million
✅ Controlling Shareholder: Ankhbold Bayanmunkh to hold 35.75% of shares post-admission and serve as Executive Chairman.
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