Nov. 4, 2021, 4:55 a.m. EDT

EDF-backed electric vehicle charging company falls after IPO

Pod Point (LON:UK:PODP) , the electric vehicle charging company mostly held by Electricite de France (PAR:FR:EDF) , traded at 210 pence after pricing its initial public offering at 225 pence, that valued it at £352 million ($480 million). Pod Point raised £100 million with the float, after previously saying it was seeking to raise £120 million.

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