Liberum
MENU

News

Liberum appointed Nomad and Sole Corporate Broker to Science in Sport

19 September 2018 | Nomad and Sole Corporate Broker

SIS

Liberum is pleased to announce its appointment as Nomad and Sole Corporate Broker to Science in Sport plc (“SiS”).

SiS is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. The Company was founded in 1992, is headquartered in London and has manufacturing facilities in Nelson, Lancashire.

The Company’s products are focused on two broad areas – products for energy and hydration before and during exercise; and products for recovery and muscle repair after exercise and during rest periods between training and competition sessions. SiS is a leader in science and innovation, supported by world-class in-house expertise, together with a range of collaborations with academic institutes, elite athletes and sports teams.

SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

SiS was acquired by AIM listed Provexis in 2011 and demerged into a standalone AIM listed vehicle in August 2013.

Liberum has been appointed as Nomad and Sole Corporate Broker with immediate effect.

Liberum Team

Investment Banking - Clayton Bush, Chris Clarke, James Greenwood, Trystan Cullen, William Hall

Sales - Oliver Baxendale, Julian Collett

Research - Wayne Brown, Tom Musson

Press Enquiries: Redleaf Polhill

Emailpr@liberum.com

Follow Liberum

Twitter@LiberumToday
LinkedInLiberum

Liberum appointed Nomad and Joint Corporate Broker to Miton Group PLC

17 September 2018 | Nomad and Joint Broker

Milton

Liberum is pleased to announce its appointment as Nomad and Joint Corporate Broker to Miton Group plc (“Miton”).

Miton is a UK-based asset manager, which provides actively managed funds which are distributed primarily to UK investors. Miton has particular strengths in both Equities and Multi-Asset and is well positioned to benefit as a complement to passive strategies and IFA multi-asset outsourcing.

Founded in 2002 and listed on the AIM Market of the London Stock Exchange, Miton has recently delivered strong organic growth in funds under management as well as strong investment performance across the product suite – together these are representative of strong momentum within the business.

Liberum has been appointed as Nomad and Joint Corporate Broker alongside N+1 Singer with immediate effect.

Liberum Team

Board – Shane Le Prevost

Investment Banking – Neil Patel, Cameron Duncan, Jonathan Wilkes-Green, Kane Collings

Sales – Steve Keeling, Oliver Baxendale, Julian Collett

Research – Ben Williams, Jamie Donald

Follow Liberum

Press Enquiries: Redleaf Polhill

Emailpr@liberum.com

Follow Liberum

Twitter@LiberumToday
LinkedInLiberum

Liberum's hot spell continues

16 July 2018 |

Following on from the success of last year Liberum has executed successful transactions across the equity market raising over £1bn for our clients year to date. Our corporate client list continues to grow and we are proud to have supported a number of them in achieving their strategic goals over the period.

About Liberum

Liberum is an independent investment bank with offices in London and New York.

Our Equities division provides sales, research and trading services to institutional investors, specialising in All-Cap Pan-European equity research across ten pillars, with deep sector knowledge.

Our Investment Banking division provides advice and execution services to UK plcs, including corporate broking, equity capital markets and M&A. 

Steve Pearce
Co Head of Investment Banking
+44 (0) 20 3100 2224
steve.pearce@liberum.com

Richard Crawley
Co Head of Investment Banking
+44 (0) 20 3100 2251
richard.crawley@liberum.com 

Follow Liberum

Twitter: @LiberumToday

LinkedIn: Liberum 

Liberum acts as Nominated Adviser & Sole Bookrunner on the IPO of Mind Gym plc

28 June 2018 | IPO

MG

We are pleased to announce that Liberum has successfully raised £50.8m in connection with the AIM IPO of Mind Gym. The shares were admitted to trading on 28 June 2018.

Mind Gym is a behavioural science business that uses scalable proprietary products to deliver human capital business improvement solutions to large corporations. The Company operates in three global markets: business transformation, human capital management, and learning & development.

Mind Gym was co-founded by Octavius Black and Sebastian Bailey in June 2000 and has since developed a strong market presence in the UK and a well-established, rapidly growing US operation as well as a presence in Singapore. Since inception, Mind Gym has worked with 62 per cent. of the current FTSE 100 and 59 per cent. of the current S&P 100 companies.

Liberum raised £50.8m for selling shareholders Octavius Black, the Company's Chief Executive Officer, Joanne Black, the Company’s Chair, and Sebastian Bailey, an Executive Director. All will retain a substantial shareholding in the Company, amounting to approximately 64.6% of the Company’s share capital.

The placing attracted strong support from high quality institutional investors and was significantly over-subscribed.
On admission, the market capitalisation of the Company was approximately £145 million.

Admission is an important step in the Group's development, enhancing the Company's profile in servicing large corporate clients and providing increased potential for partnerships, together with creating the ability to incentivise key employee.

Liberum acted as NOMAD and Sole Bookrunner on the IPO, and is retained as NOMAD and Sole Broker to the company post admission.

Liberum Team

Board – David Parsons
Investment Banking – Bidhi Bhoma, Joshua Hughes, Euan Brown, Kane Collings
Research – Joe Brent
Sales – Julian Collett, Lisa Tugwell, Oliver Baxendale
Corporate Access – Lynsey Cox

Press Enquiries: Redleaf Polhill

Emailpr@liberum.com

Follow Liberum

Twitter@LiberumToday
LinkedInLiberum

 

Liberum acts as Nominated Adviser & Sole Bookrunner on the IPO of Aquis Exchange PLC

14 June 2018 | IPO

CF-logo -New -Green (2)

We are pleased to announce that Liberum has successfully raised £32m in connection with theAIM IPO of Aquis. The shares were admitted to trading on 14 June 2018.

Aquis operates a cash equities trading venue with a unique subscription-based pricing model. Members are charged a monthly subscription fee based on the number of trading messages submitted on average during the month. Aquis also licences out its technology and, from 1 July 2018, will charge market participants and data providers for its market data.

Founded by the former CEO of Chi-X Europe, Aquis commenced trading in 2013 and has since grown to reach a market share of c.2% of the overall pan-European market. It is well positioned for the new regulatory environment with MiFID II leading to more trade through ‘lit’ venues such as Aquis.

Liberum raised £12m of new money, introducing a number of high quality investors, and £20m of secondary capital, providing liquidity to selling shareholders, including the Warsaw Stock Exchange who sold down their 20% holding in full.

Following a successful management roadshow and bookbuild, Liberum priced the IPO at the middle of the indicated valuation range, resulting in a market capitalisation on admission of £73m.

Liberum acted as NOMAD and Sole Bookrunner on the IPO, and is retained as NOMAD and Sole Broker to the company post admission. This transaction follows on from a pre-IPO fundraise in 2016, where Liberum raised £5.4m.

Liberum Team

Board – David Parsons

Investment Banking – Clayton Bush, Chris Clarke, Jill Li, Kane Collings

Research – Justin Bates, Jamie Donald

Sales – Oliver Baxendale, Julian Collett, Gerard O’Doherty, Lisa Tugwell, Steve Keeling, Mike Neish

Corporate Access – Marcio Remedios

Press Enquiries: Redleaf Polhill

Emailpr@liberum.com

Tel +44 (0)20 3100 2000

Follow Liberum

Twitter@LiberumToday
LinkedInLiberum

Liberum acts as Joint Bookrunner on Workspace Group’s £180m placing

08 June 2018 | Joint Bookrunner

Workspace

We are pleased to announce that Liberum successfully raised c. £180m through the placing of 16.3m shares in Workspace at 1,100p with institutional investors. BofAML was Joint Bookrunner alongside Liberum.

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.7 million sq. ft. of business space across 66 London properties which it lets directly to customers.

The Group will use the £180m proceeds for the following:

• capital expenditure required for the ongoing project pipeline, which is intended to enhance the Company's rental income and value;

• continued implementation of the targeted acquisition strategy of properties across London where the Company believes there is an opportunity to apply the Workspace model to drive rental growth and value uplift;

• the recent acquisitions of five of the Centro buildings in Camden for £109 million in February 2018 and the remaining two Centro buildings for £76.5 million in April 2018; and

• other general corporate purposes.

Workspace is a FTSE 250 listed Real Estate Investment Trust and a member of the European Public Real Estate Association (EPRA).

Liberum was appointed as Joint Corporate Broker to the Company in October 2013 and raised £96.5m for Workspace in 2014.


Liberum Team
Board – David Parsons
Investment Banking – Richard Crawley, Jamie Richards, Jonathan Wilkes-Green, Louis Davies
Sales – John Mozley
Research – David Brockton, James Ashley
Execution – Graham Smith, Mark O'Hara
Corporate Access – Lynsey Cox

Press Enquiries: Redleaf Polhill

Emailpr@liberum.com

Tel +44 (0)20 3100 2000

Follow Liberum

Twitter@LiberumToday
LinkedInLiberum