Mortgage Advice Bureau (MAB) has moved its listing to the Main Market of the London Stock Exchange.
The firm’s shares began trading on the Main Market at 8:00am this morning, alongside a move off AIM, where MAB has been listed since 2014. No new shares have been issued as part of the transition, and the business will continue to trade under the ticker MAB1.
The move reflects both the scale MAB has reached and the significant strategic advantages it has achieved, underpinning the Group’s clearly defined growth objectives.
Shaping how customers access mortgage and protection advice throughout the re-financing and homebuying journeys has been a major focus for MAB. This has involved earlier and highly personalised customer engagement, diversifing lead sources, and greater use of data and AI to optimise efficiency and identify and deliver a wider range of solutions and services.
CEO, Peter Brodnicki, said the transition represents a natural next step, as MAB continues to expand its reach and leverage new technologies to drive greater lead flow and adviser productivity, whilst also building a business that delivers genuine lifetime customer value.
“Admission to the Main Market marks an important milestone in MAB’s development, reflecting the scale, quality, and maturity of the business we have built since joining AIM in 2014,” he said.
“MAB’s proposition is underpinned by a proprietary technology platform, with AI increasingly acting as a significant enabler, alongside a unique dataset built over 25 years of customer interactions. Together, these capabilities support strong and resilient lead flow across economic cycles, and reinforce our position as a leading, tech-enabled intermediary platform.
“We believe admission to the Main Market is a natural progression for a business of our scale and ambition, enhancing our profile, with the aim of meeting the criteria for inclusion in the FTSE 250 over time.”
