Raspberry Pi confirms plans for £500m London listing

Decision is a big boost for the London Stock Exchange after losing out on Flutter and Arm, which both opted to list in New York

A Raspberry Pi single-board computer. Picture: Chris Ratcliffe/Bloomberg

Personal computer maker Raspberry Pi has announced that it is lining up an initial public offering in London, a rare win for the exchange after a number of British firms chose to list in the US.

The company, which makes low-cost computers popular among industrial IoT customers, hobbyists and educators said it intended to publish a registration document with the London Stock Exchange, according to a statement Wednesday.

Raspberry Pi, which is controlled by a ...