We are pleased to announce that Liberum has been appointed as Nominated Adviser and Sole Corporate Broker to Gattaca.
Gattaca plc is the UK's leading specialist Engineering and Technology (IT & Telecoms) recruitment agency, providing contract, temporary and permanent staff.
Recruiting in over 100 countries across the world from 13 offices in 7 countries, the Group has over 500 sales staff, with over 9,500 contractors on assignment and places 4,000 candidates into permanent positions each year.
Investment Banking – Robert Morton, Bidhi Bhoma, Euan Brown, Kane Collings
Research – Sanjay Vidyarthi
Sales – Oliver Baxendale, Julian Collett, Alistair Smallwood
CIR – Joel Knight
Liberum is pleased to announce that it acted as Nominated Adviser and Joint Placing Agent on AFH Financial’s £15 million placing of 4% convertible unsecured loan stock 2024 (“CULS”).
The Company intends to use the proceeds to execute on its acquisition pipeline and for general corporate purposes. AFH currently has a strong pipeline of potential acquisitions under consideration and due diligence.
The Company’s board believes the CULS issue will provide long-term structural gearing at a fixed cost that is competitive with the cost of other forms of gearing that the Company might have employed.
The CULS, which required the publication of Admission Particulars by AFH, were admitted to trading on the International Securities Market of the London Stock Exchange on 30 July 2019.
AFH is the leading UK financial planning-led wealth management firm based in the Midlands. Founded in 1990 by CEO Alan Hudson, the Company provides wealth management and financial advisory services to over 20,000 clients in the UK.
Investment Banking – Richard Bootle, John Fishley, Euan Brown, Kane Collings
Sales – Steve Keeling, Anastasia Mikhailova, Andrew Davies
Corporate and Investor Relations – Natalie Clarke
Liberum is pleased to announce its appointment as Joint Corporate Broker to Judges Scientific Plc.
Judges Scientific plc is an AIM-quoted group specialising in the acquisition and development of a portfolio of scientific instrument businesses.
The group currently consists of 16 businesses acquired since it was re-admitted to AIM in 2005. The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, the scientific communities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s awards for innovation and export.
Liberum has been appointed as the Company’s Joint Corporate Broker alongside Shore Capital, Judges’ current Nomad and broker.
Investment Banking - Bidhi Bhoma, Euan Brown, Laura Hamilton
Research – Sanjay Vidyarthi
Sales – Oliver Baxendale, Julian Collett
Liberum is pleased to announce it has advised Mercell, a Private Equity backed Norwegian e-tendering platform provider, on its acquisition of EU Supply, a Swedish provider of solutions for tender management, procurement, sourcing and other supply chain activities.
Backed by Viking Ventures, a leading technology focussed Norwegian Private Equity firm, the combination of Mercell and EU Supply creates one of the leading e-tendering solution companies in Europe. The acquisition forms part of Mercell’s longer-term buy-and-build strategy to enhance its offering across Northern Europe and to establish itself and grow in other areas of the European market.
The recommended cash offer of 18.25p per share valued EU Supply at approximately £15.7m
Investment Banking - Karri Vuori, James Greenwood, Euan Brown, William Hall
Liberum is pleased to announce that it acted as Financial Adviser & Sole Bookrunner on Staffline’s £41 million Placing and Open Offer.
The oversubscribed placing and open offer attracted strong support from high quality existing and new investors. The company intends to use the net proceeds of the placing and open offer to reduce net debt.
Staffline is split between two divisions, a leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,600 private sector clients and a recruitment division which is the UK's leading adult skills and training provider delivering apprenticeships, adult education, prison education and skills-based employability programmes
Liberum acts as Financial Adviser and Sole Bookrunner on Staffline’s £41m Placing and Open Offer
Investment Banking – Steve Pearce, Joshua Hughes, Euan Brown, William Hall
Research – Joe Brent, James Allen
Sales – Julian Collett
Corporate and Investor Relations – Joel Knight
We are pleased to announce that Liberum acted as Joint Bookrunner on a Secondary Placing in Codemasters Group Holdings plc. Reliance Big Entertainment (Singapore) Pte. Ltd sold 20,000,000 ordinary shares, representing 14.3% of Codemasters’ entire issued share capital, at a price of 220 pence per share. The Placing represents half of Reliance’s stake in Codemasters. Jefferies acted as Joint Bookrunner alongside Liberum.
Codemasters IPOed in June 2018, in a significantly over subscribed transaction. This Placing has been priced at a 10% premium to the IPO price and has traded up in the aftermarket. The placing was supported by existing and new shareholders, including US based funds.
Codemasters is an award-winning British video game developer and publisher specialising in high quality racing games, including DiRT, GRID and F1.
Board – David Parsons
Investment Banking – Neil Patel, Cameron Duncan, Will Hall, Ed Phillips, Ant Schia
Sales – Julian Collett, Lisa Tugwell, Seb Fernandez, Olly Baxendale
Research – Andy Bryant
General Counsel – Rebecca Gordon