Octopus to swerve new private stock exchange

OCTOPUS

- ALI LYON

Octopus Energy founder Greg Jackson

(OCTOPUS ENERGY)

Energy will not join the delayed Pisces private stock market when it launches, its boss Greg Jackson has said, in a sign the utilities giant is distancing itself from the project after attending an event for interested companies last summer.Jackson told City AM that his multi-billion-pound firm had “no plans” to trade its shares on the exchange for fast-growing private firms, which is seen as a key tool in the government's bid to revive London’s barren initial public offering (IPO) market.