Liberum acts as Sole Bookrunner on £4.5m fundraising for Science in Sport

We are pleased to announce that Liberum acted as Sole Bookrunner on a placing to raise £4.5m for Science in Sport plc. The oversubscribed placing received strong demand from existing and new institutional investors, and directors of the Company.

Science In Sport

The Placing Shares were issued at 37p, a premium of 1.4% to the previous day’s mid-market close, and represent 9.1% of the Company’s enlarged issued share capital.

The proceeds of the Placing will be used to strengthen the Company's balance sheet with a view to providing sufficient liquidity and flexibility to allow the Company to manage through and beyond the period of expected and continuing disruption related to COVID-19 and continue to invest in its high-growth strategy.

Liberum has been Nomad and Sole Broker to the Company since September 2018.

Liberum Team:

Investment Banking – Bidhi Bhoma, James Greenwood, William Hall, Anthony Schia

Sales – Oliver Baxendale, Julian Collett, Sebastian Fernandez, Alistair Smallwood, Jamie Vickers

Research – Wayne Brown

Legal – Rebecca Gordon, Alice Foster

CIR – Marcio Remedios

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