Liberum acts as Joint Bookrunner on a Placing to raise £12.4m for SigmaRoc plc

We are pleased to announce that Liberum acted as Joint Bookrunner on a Placing to raise £12.4m for SigmaRoc plc. The oversubscribed placing received strong demand from existing and new institutional investors.


The proceeds will allow the Company to act quickly and decisively on a number of acquisitions and capital deployment opportunities expected within the first quarter of 2021.

Liberum delivered significant and high quality demand, from both new and existing institutional investors, leading to the placing being over 4x oversubscribed. The placing price of 51 pence represented a discount of approximately 3.3% to the closing price on the day prior to launch.

SigmaRoc plc is a heavy construction materials group active in the UK, Channel Islands and the Benelux. Despite the challenging environment presented by COVID-19, the Group has continued to perform strongly and remains on track to deliver record results for 2020.

Liberum acted as Joint Bookrunner alongside Peel Hunt.

Liberum has been Corporate Broker to SigmaRoc since February 2019 and this is the third capital raise we have successfully delivered for the Company.

Liberum Team

Investment Banking – Neil Patel, Jamie Richards, William Hall, Cara Murphy, Ant Schia

Research – Charlie Campbell

Sales – Oliver Baxendale, Alistair Smallwood

General Counsel – Rebecca Gordon, Alice Foster

Corporate and Investor Relations – Natalie Clarke

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