Liberum acts as Financial Advisor in the acquisition of Hornby Plc

22 June 2017 | Advisory Work

On 21 June, Phoenix UK Fund Ltd announced a mandatory cash offer for Hornby Plc following the acquisition of a 20.86% stake of Hornby from New Pistoia Income Settlement.


Hornby develops, manufactures and supplies hobby and toy products for a global market, with a collection of truly iconic brands spanning model railways, slot racing, die-cast models and plastic model kits. Hornby’s brands include Scalextric, Airfix, Corgi and Hornby.

Phoenix UK Fund is managed by Phoenix Asset Management Partners, a specialist fund management company founded in 1998 By Gary Channon, who acts as Chief Investment Officer. Last year Liberum acted as sole bookrunner on the three placings completed by Aurora Investment Trust, a fund managed by Phoenix. 

This is the second public takeover offer Liberum has acted on in 2017.

Company websites

> Hornby website

> Phoenix UK Fund Ltd website  

Liberum Contacts

- Shane Le Prevost

- Neil Patel

- Neil Elliot

- Ben Roberts

+44 (0) 20 3100 2000

Follow Liberum

Twitter: @LiberumToday

LinkedIn: Liberum 

Liberum wins Broker of the Year in the 2017 Quoted Company Awards

22 March 2017 |
Quoted Company Awards

Liberum has been awarded as Broker of the Year in the 2017 Quoted Company Awards. Judged by a survey undertaken among the chief executives of sub-FTSE 350 companies, Liberum was considered to be the individual stockbroker who had delivered the most outstanding results for their clients in relation to M&A advice, listing and fund raising.

The 13th annual awards took place on February 8th at the Brewery on Chiswell Street.

The awards were open to the 1,000 plus companies which are quoted on AIM, companies with a full listing (which are not members of the FTSE 350), and to companies which are traded on the ISDX market.

The list of shortlisted companies was as follows:
Cantor Fitzgerald
Cenkos securities
N+1 Singer
Northland Capital Partners
Numis Securities
Zeus Capital


Liberum wins Lord Mayor’s Dragon Award for its work with School Home Support

28 September 2016 | The Liberum Foundation

(28.09.16) Liberum Foundation, registered charity of the independent UK investment bank Liberum, has won the The Lord Mayor's Dragon Award for Education and Lifelong Learning for its work with charity School Home Support.

The award recognises excellence in companies' Corporate Community Involvement that benefits Greater London. 

Click below to see short video about Liberum's work with School Home Support.

School Home Support works with schools, local authorities and other children's settings, to provide personalised support to children and families, tackling the underlying barriers to a successful education to improve the life chances of children. 

In the year 2014/15 School Home Support worked with over 9,000 children and families in schools, many of whom face homelessness, domestic violence and extreme poverty. 

"Liberum has been supporting and working with School Home Support for five years. This shows the dedication that they have to supporting disadvantaged children and young people in the local community, " School Home Support CEO Jan Tallis said. "We are absolutely delighted that their work has been recognised with this award, and thrilled to be working in partnership together."

The Liberum Foundation raises money through charity events that involve its 160 staff and clients. Staff at the nine-year-old bank work with School Home Support to develop children’s reading skills and confidence by volunteering at local schools each week and have hosted aspiration sessions for the children and their parents to attend. 

The awards recognise organisations that make "an exemplary contribution to London’s communities…they have shown a real dedication to engaging with their local communities in a sustained and meaningful way,” the Lord Mayor of London Alderman the Lord Mountevans said. 

“We are very proud to receive this award, it is an acknowledgement of the strength of our partnership with School Home Support and recognises the commitment of Liberum employees” Liberum’s Chief Operating Officer Tony Scawthorn said. 

About Liberum

Liberum is an independently-owned pan European investment bank. The firm’s core activities are research, sales and trading in large, small & mid cap pan-European equities, as well as investment banking and advisory services including IPOs, secondary issues and mergers and acquisitions. We employ over 160 people in London and New York.

Press Enquiries: Redleaf Polhill

Emma Kane 
Amy Williams
Lizzy Chesters


Call: +44 (0)20 7382 4747

UK building and housing post-Brexit with Liberum's Charlie Campbell

28 July 2016 | Liberum Analyst Insight

In this short video, Liberum's Charlie Campbell, a leading equities analyst in the UK Building Materials & Housebuilders sectors, argues that the health and prospects for the industries are brighter than the post-Brexit shakeout implies. Click on the r/h playlist below to hear his brief comments. 

Click here to read our important disclaimer.


Liberum is an independently-owned pan European investment bank. The firm’s core activities are research, sales and trading in large, small & mid cap pan-European equities, as well as investment banking and advisory services including IPOs, secondary issues and mergers and acquisitions.

- Liberum’s team of 42 research analysts cover more than 330 European stocks across nine key sectors

- Liberum was recognized as #1 Corporate Broker and Trader in the 2016 Extel UK Small and Mid Cap Awards and #1 in three research areas.

- Liberum is broker to more than 75 listed companies across 20 sectors and has raised £2.8bn for its corporate clients since the start of 2015.

- The firm was established in 2007, and employs over 160 people in London and New York

Further information is available at

Press Enquiries: Redleaf Polhill

Emma Kane 
Amy Williams
Lizzy Chesters


Call: +44 (0)20 7382 4747

How will MiFID II affect trading? Insight from Turquoise CEO Dr Robert Barnes

26 April 2016 | Mentions of Liberum

Liberum, the independently-owned pan European investment bank, has developed new electronic trading functionality called LIBPLUS that means professional clients can execute equity flow in multiple dark venues simultaneously, automatically and with one click.

It has acted ahead of the advent in 2018 of a revised Markets in Financial Instruments Directive, or MiFID II, which will make it imperative that dark venues are selected fairly and intelligently.

LIBPLUS means that dark order flow can now visit 34 venues in an instant, boosting the chances of executing blocks of stocks whilst minimising signalling.

In the video below, we've spoken with Dr Robert Barnes, CEO of Turquoise, to hear his thoughts on the implications of MiFID II and how Turquoise is responding in advance of the new directive.

For a quick overview of LIBPLUS, play a one-minute video here.

Contact Liberum's Head of Large Cap Cash Trading Dominic Lowres on +44 (0) 20 3100 2103 or to know more.

This communication is for use only by a person or entity that qualifies as a "Professional Client" or "Eligible Counterparty" within the meaning of the FCA's rules. So it's intended for use only by persons having professional experience in matters relating to investments. Any other person who receives this shouldn't act on the contents. Disclaimer here

New Liberum in Numbers shows focus, success and growth

15 April 2016 |

Here's the latest snapshot of our business that shows focus, success and growth. Click on the image below or > here to view our Spring Liberum in Numbers infographic.

Liberum In Numbers Thumbnail

It sums up our growing number of corporate clients (latest list can be found here), the nine pillars of excellence that we specialise in, our growing reach to private wealth managers and staff experience. 

Press Enquiries: Redleaf Polhill


Emma Kane
Amy Williams
Lizzie Chesters

+44 (0)20 7382 4747