Aston Martin to be quoted on the London Stock Exchange?

James Bond's favorite sports car, Aston Martin, is looking to start being listed on the London stock exchange.

Today the company will sign a document with the Financial Conduct Authority, a necessary step for all companies that want to be listed, then decide whether to proceed around the 20th of September.

Aston Martin's turnover grew 8% in the first 6 months of 2018, rising to 445 million pounds (490 million euros), thanks to the strong demand for the DB11 coupe and DB11 Volante models.

On the other hand, profits were down by around 14%.
The plan was designed by Palmer, the current CEO of the company since 2014, formerly CEO of Nissan Motor co.

"This is a historic announcement for Aston Martin," Palmer said in a statement.

The company which is currently controlled by Investindustrial Advisors Ltd. and Kuwaiti Investment Dar. , will put 25% of the shares on the market.

Following this operation will be Deutsche Bank AG, Goldman Sachs International and J.P. Morgan Securities Plc. Lazard will be the advisor.

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