https://wccftech.com/codemasters-drive-towards-280m-valuation-with-ipo/

One of the UK’s oldest video game developers, Codemasters, is looking to go public in an offering that values the company at £280. The racing studio, developers of the F1, DiRT and GRID franchises, are looking to gain funds to pay off debts owed to its majority shareholder, Reliance Entertainment.

The oversubscribed offering is looking to sell 7.5 million new shares, as well as 85 million existing shares. The company will be listed on the AIM sub-market of the London Stock Exchange.