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Topps Tiles names Liberum Joint Corporate Broker

10 July 2014 | Corporate Brokerships

Topps Tiles PLC (Ticker: TPT LN), the UK's leading tile and wood flooring specialist, has named Liberum as Joint Corporate Broker. 

Topps Logo

The group, with a market capitalisation of £200 million and listed on the LSE Main Market, has grown to incorporate 1,500 specialist experts and over 300 stores nationwide, with more openings in the pipeline.

It supplies tiles and associated accessories for the refurbishment of UK domestic housing to both a trade and retail customers. 

Topps Tiles website >>

The Liberum team consists of Jeremy McKeown, Jeremy Smith and Julian Collett (Sales), Sanjay Vidyarthi and Adam Tomlinson (Research), Neil Patel and Jamie Richards (Investment Banking) and Marcio Remedios (Corporate Access).

Contact George Parrett at Redleaf Polhill for more information:

+44 (0) 20 7382 4747

liberum@redleafpr.com 

£200m IPO for P2P Global Investments, Liberum Sole Bookrunner

24 June 2014 | Corporate Brokerships, IPO

P2P Global Investments (Ticker: P2P LN), the first UK-listed company dedicated to investing in loans originated by leading peer-to-peer platforms around the world, undertook a successful initial public offering May 28th, 2014, raising £200 million. Liberum acted as Sponsor and Sole Bookrunner. 

The company is structured as a UK Investment Trust and Marshall Wace LLP and Eaglewood Capital Management LLC have been appointed as Investment Manager and Sub-Manager, respectively. The company is listed on the Premium segment of the Official List and Main Market of the London Stock Exchange. 

Liberum is Corporate Broker to P2P Global Investments.

The company aims to deliver attractive dividend income and capital growth with exposure to the new generation of non-bank finance. 

“The successful creation and listing of P2P Global Investments…is a significant step forward in the development of this dynamic new sector,” Simon Champ, CEO of Eaglewood Europe, said. 

"I am delighted by the strong demand we have received from investors to our Placing and Intermediaries Offer,“ Jonathan Barlow, CEO of Eaglewood Capital, added. “I believe this is testament to the strength of Eaglewood’s investment management proposition, coupled with the level of interest in the growing peer to peer sector.” 

Company website >> 

The Liberum team consisted of Simon Atkinson, Tom Fyson and Josh Hughes in Investment Banking, Cormac Leech and Karen Lucey in Research, James Bouverat in Sales, David Parsons in Equity Capital Markets and Regan Connor in Corporate Access.

James Bouverat was last week voted #1 in Specialist Sales in the UK Small & Mid Cap category of the widely-watched Extel Survey of some 16,000 fund managers and institutional investors. Liberum rose to second place in the category from fifth last year.

For more information, email George Parrett at Redleaf Polhill or call +44 (0) 20 7382 4747

Liberum is Bookrunner on Volution IPO

23 June 2014 | Advisory Work, IPO

Volution Group (Ticker: FAN LN), best known for market-leading ventilation brands in the UK and Continental Europe such as Vent-Axia, Torin-Sifan and inVENTer, successfully priced its initial public offering June 18th, giving it a £300 million market capitalisation. Liberum was joint bookrunner on the IPO.

Below: Volution's brands

Volution Brands

It is the fifth IPO Liberum has been involved with in the first half of this year and follows CityFibre, Manx Telecom, P2P Global Investments and GAME Digital.

Volution manufactures and supplies ventilation and combustion fans, energy recovery systems, low energy motors and blowers. 

It listed on the Premium segment of the Official List and Main Market of the London Stock Exchange.

The offering was priced at 150 pence a share and raised £100m. 

“We are delighted to have achieved our objective of an IPO and secured the support of investors for the management team and future plans of Volution,” said Ronnie George, Chief Executive Officer of Volution.

“We will continue to focus on our growth strategy, both organically and by acquisition, providing our customers with market leading ventilation products and our investors with long-term value,” he added.

Click here for Volution website >>

The Liberum Team consisted of Neil Patel, Richard Bootle and Thomas Bective (Investment Banking), Charlie Campbell (Research Analyst), Jeremy McKeown (Sales), David Parsons (Equity Capital Markets) and Jenni Herbert and Marcio Remedios (Corporate Access).

Contact: George Parrett at Redleaf Polhill for more information:

+44 (0) 20 7382 4747

liberum@redleafpr.com

Photo-Me names Liberum Corporate Broker

19 June 2014 | Corporate Brokerships

Photo-Me International plc (Ticker: PHTM LN), the world’s leading operator and manufacturer of automated photobooths, has named Liberum as its Joint Corporate Broker.

Founded in 1946 and now listed on the LSE Main Market with a market capitalisation of £500m, Photo-Me has operations in several countries including the UK, Indonesia, Japan, Philippines, Germany and France. 

In addition to its famous photobooths, it operates, sells and services a range of instant service equipment such as digital printing kiosks, business service equipment and coin-operated washing machines.

Go to the Photo-Me website >>

Its client team at Liberum consists of:

Sales: Jeremy Smith
Research: David Brockton
ECM & Investment Banking: David Parsons, Richard Crawley, Jill Li
Corporate Access: Marcio Remedios

Contact: Emma Kane/George Parrett at Redleaf Polhill +44 (0) 20 7382 4747

Email them at liberum@redleafpr.com

 

Latest Extel results the best in Liberum's history

17 June 2014 | Mentions of Liberum

Extel Logo

Liberum Tuesday achieved its best results in its seven-year history in the latest Thomson Reuters Extel Survey results, the annual analyst surveys which rank broker and independent research based on the responses from more than 16,000 fund managers and institutional investors.

Liberum rose to second place in the key category: Leading Pan European brokerage firm - UK Small & Mid Caps. In 2013, Liberum ranked fifth.

Both Liberum’s Support Services and Chemicals research teams maintained number one positions in the survey, headed up by Joe Brent and Adam Collins, respectively. Andrew Whittock’s Oil & Gas team jumped from fifth last year to the number one spot in the 2014 survey.

Its Alternative Investment Funds Sales and Research teams achieved number one positions too, with James Bouverat voted into the top slot in the Specialist Sales category.

Joe Brent

Joe Brent, Liberum's Head of Research

Liberum’s research teams also ranked in the top three in four other sectors, including Capital Goods (3rd), Construction (2nd), Real Estate (3rd) and Transport and Logistics (3rd). 

Joe Brent, Head of Research at Liberum, was also the highest ranked research analyst in the UK Small & Mid Caps category, retaining his position along with Liberum’s Support Services analyst, William Shirley, in second place.

The trading execution team also jumped nine places, up to third. 

“One of Liberum’s ambitions is to change the game in equity analysis and improve on our already excellent research offering," Simon Stilwell, Liberum CEO, said Tuesday. 

Simon Stillwell

Simon Stilwell, Liberum CEO

“Powerful information and analysis is at the heart of what Liberum does," he added. "Today’s survey results prove that Liberum’s research teams understand the need for simple and influential analysis that meets client requirements head on.

“I am proud of Liberum’s performance in the investment community and I am confident that we can improve on these in years to come.”

Notes

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 35 research analysts cover more than 300 European stocks across 16 sectors, representing 80% of the FTSE 100 and 50% of the FTSE 250
  • The firm is broker to 67 listed companies across 15 sectors. In 2014 Liberum has raised £1.2bn for its corporate clients; with syndicates it has raised £12.3bn in the past six years
  • The firm was established in 2007, and employs 160 people in London and New York

Follow or Contact Liberum

Twitter: @LiberumToday

LinkedIn: Liberum 

Katherine Burgdorf, Institutional Account Management
+44 (0)20 3100 2235
katherine.burgdorf@liberum.com

Adam Smallman, Head of Content
+44 (0)20 3100 2177
adam.smallman@liberum.com

Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747
liberum@redleafpr.com

GAME Digital in £121m IPO, Liberum is bookrunner

06 June 2014 | Advisory Work, IPO

GAME Digital (Ticker: GMD LN), the leading omni-channel specialist retailer of video games in the UK and Spain, successfully priced its IPO and subsequent listing June 6, 2014 on the Premium segment of the Official List and Main Market of the London Stock Exchange.

Liberum was Joint Bookrunner on the IPO priced at 200 pence a share and which raised £121 million, resulting in a market capitalisation of £340 million.  GAME Digital plc will have a free-float of 35.5% with funds managed by Elliott Advisers retaining the majority of the balance.  

GAME Digital provides customers with a one-stop shop for video games, consoles and content through stores, online and mobile channels, allowing them to shop anytime, anywhere.

“GAME Digital is a profitable and cash generative business with a great team, strong supplier partnerships and exciting digital growth opportunities," Martyn Gibbs, Chief Executive Officer, said. "These fundamentals have enabled us to attract high quality investors who we welcome into our business."

Company website >>

Investment Banking: Peter Tracey, Christopher Britton

Research: Sanjay Vidyarthi and Adam Tomlinson

Sales: Jeremy McKeown

Equity Capital Markets: David Parsons

Contact: Emma Kane/George Parrett at Redleaf Polhill +44 (0) 20 7382 4747

Email them at liberum@redleafpr.com