Peel took 11% in the last 30 days!15 Nov 2021 08:50
wonder what they know about GCG a micro cap company (£1.8M Mcap at the time)
Corporate broker Peel Hunt has raised £112m in a flotation on the London stock market to capitalise on the boom in dealmaking and other corporate activity.
The fundraising on Aim, London’s junior market, values the small and mid-cap stock specialist at about £280m. About £40m has been taken in new capital, while selling shareholders are expected to make about £72m, leaving a free float of 40 per cent.
Peel Hunt said the money raised in the placing would be used to support the next phase of the company’s growth, including establishing a European presence and continuing its investment in technology, new products and services.