Aston Martin listed on London Stock Exchange for £19 per share

The much-anticipated public flotation started this morning on the London Stock Exchange, valuing the company at £4.33 billion

Aston Martin floated on the London Stock Exchange at 8:00 [BST] this morning at a price of £19 per share, giving the British manufacturer, which can now be seen on stock exchange listings as 'AML', a brand value of £4.33 billion ($5,607,350,000).

A total of 57,000,723 shares will be sold, equating to a quarter of the company, approximately £1.08 billion. The £19 sits in the middle of the £17.50 to £22.50 guideline the company initially gave for what the shares would be offered for.

Aston Martin's 2018 so far...

Current Aston Martin Lagonda shareholders could also make a further 5,700,072 shares in the case of an over-allotment option, which would result in a total share issue worth £1.19bn (27.5% of the company). Aston will be eligible for inclusion in the FTSE 100 index (for the companies listed on the London Stock Exchange with the highest valuation), but the £19 share value means it will likely fall just short of entering that index initially.

Aston Martin can be buoyed by positive financial results of late, as well as an increasing customer base and production line-up. In August, it was revealed that the company had a 14% increase in revenue in a single half-year, bringing total revenue up to just short of £450 million. Pre-tax profit also rose by £700,000. Under current figures, it could soon be heading towards the FTSE 100, the LSE's share index of the 100 biggest companies trading. It's an incredible turnaround considering 2017 was the first time in seven years that the company had recorded a profit.

All of this is boosted by increasing sales, as well as exciting projects such as the Adrian Newey-designed Valkyrie and the continuation range which makes classics such as the DB4 Zagato and iconic DB5 James Bond car. Beyond that, the brand plans to launch a new model every year until 2022, including an expansion into SUVs and a rekindled Lagonda.

Some of the company's current shareholders, as well as UK-based employees, customers and owners club members, will get preferential offers on shares, or in the case of Daimler, be able to retain its 4.9% stake for another year. Investindustrial's sizeable 37.5% stake will also be inaccessible for half a year. Aston Martin follows in the footsteps of rival Ferrari, which publicly floated in 2015. Other sports car brands including McLaren have shown an interest in doing the same.

When Aston Martin launched its stock market flotation to the public, company CEO Andy Palmer said that the rise from near bankrupcy to its highly anticipated flotation showed 'that we have continued to deliver sustainable growth, margins and value for our shareholders whilst launching three new models and variants in the first half of the year.'

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