Liberum acts as Sole Bookrunner on £41 million Secondary Placing in Codemasters

We are pleased to announce that Liberum acted as Sole Bookrunner on a Secondary Placing in Codemasters Group Holdings plc. Reliance Big Entertainment (Singapore) Pte. Ltd sold 19,915,904 ordinary shares, in response to investor demand, representing 14.2% of Codemasters’ issued share capital, at a price of 205 pence per share. The Placing represents a full exit of Reliance’s stake in Codemasters.

1200Px Codemasters Logo.Svg

The placing was supported by existing and new shareholders, including US based funds. The share price traded at a 6% premium to the placing price in the aftermarket.

Codemasters is an award-winning British video game developer and publisher specialising in high quality racing games, including DiRT, GRID and F1.

Liberum Team

Board – David Parsons

Investment Banking – Neil Patel, Cameron Duncan, Ed Phillips, Will Hall, Ant Schia

Sales – Julian Collett, Seb Fernandez, Oliver Baxendale, Alistair Smallwood

Research – Andy Bryant, Olivia Honychurch

Legal – Rebecca Gordon, Alice Foster

London
New York

Our offices

London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY

New York

20th Floor 575 Fifth Avenue New York NY 10017