JustGiving denies it plans to float on stock exchange

Rumours are ludicrous, says managing director Anne-Marie Huby

Fundraising website JustGiving has denied rumours that it plans to float the company on the stock exchange.

The business, which has generated more than £530m for charity since it was set up in 1999, is reported to have doubled its profits in 2008.

A story in The Sunday Times at the weekend claimed "there is speculation that the company will seek to float on the stock exchange, which could provide a windfall for its founding investors".

But Anne-Marie Huby, managing director of the firm, told Third Sector: "The rumour is most definitely untrue and it is ludicrous.

"I don't know where the speculation has come from, but it is not based on anything we have said."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in