Aston Martin to float on LSE

Aston Martin, the British car brand favoured by fictional spy James Bond, announced on Wednesday plans to list a quarter of its shares on the London stock market.

Full details of the IPO will be published on September 20, Aston Martin said, with reports noting that it could be valued up to £5bn (R92bn). The centuryold carmaker is controlled by Italian private equity fund Investindustrial and Kuwaiti investors.

Picture: Matthew Lloyd/Getty Images A waxwork of Sean Connery as James Bond with the Aston Martin DB5.