Liberum appointed as Joint Broker to FirstGroup PLC

Liberum is pleased to announce that it has been appointed as Joint Broker to First Group PLC with immediate effect, the appointment will mark Liberum’s 15th FTSE 350 Client.

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FirstGroup is a leading private sector provider of public transport in the UK. The Group provides easy and convenient mobility through its First Rail and First Bus services.

FirstGroup is uniquely positioned to benefit from positive structural changes in both the UK bus and rail industries. In the past year the Group has delivered on its commitments to simplify, refocus the business and reset its balance sheet, following the sale of its North American operations in 2021. The Group now has a strong platform to create sustainable value, and is positioned to help deliver economic, social and environmental goals at a key inflection point for public transport in the UK.

First Group admitted to the London Stock Exchange in 1995 and has a premium listing on the market of the London Stock Exchange under the ticker FGP and is a constituent of the FTSE 250 Index.

Liberum Team

Board – David Parsons

Investment Banking – Nicholas How, John Fishley, William Hall, Cara Murphy

Research – Gerald Khoo

Sales – Guy Froud

CIR – Martin Parker

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