Liberum acts as Financial Adviser and Sole Bookrunner on Staffline’s £41m Placing and Open Offer
Liberum is pleased to announce that it acted as Financial Adviser & Sole Bookrunner on Staffline’s £41 million Placing and Open Offer.
The oversubscribed placing and open offer attracted strong support from high quality existing and new investors. The company intends to use the net proceeds of the placing and open offer to reduce net debt.
Staffline is split between two divisions, a leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,600 private sector clients and a recruitment division which is the UK's leading adult skills and training provider delivering apprenticeships, adult education, prison education and skills-based employability programmes
Board – David Parsons
Investment Banking – Steve Pearce, Joshua Hughes, Euan Brown, William Hall
Research – Joe Brent, James Allen
Sales – Julian Collett, Oliver Baxendale, Alistair Smallwood, Edward Blair, Sebastian Fernandez, Lisa Tugwell
General Counsel – Rebecca Gordon
Corporate and Investor Relations – Joel Knight