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Shares in Allfunds jump 10% in Amsterdam debut

LONDON, April 22 (Reuters) - Shares in Spanish fund distribution firm Allfunds jumped almost 10% on its stock market debut on Euronext Amsterdam on Friday.

At 0707 GMT, the stock was up 9.9% at 12.63 euros.

Earlier, the company said it had priced the initial public offering (IPO) at 11.50 euros per share, giving it a valuation of about 7.2 billion euros.

The company launched its bid to list earlier this month, saying it aims to list 25% of its shares on the Dutch bourse. (Julien Ponthus and Abhinav Ramnarayan)