Lewis Silkin acts on admission to AIM of LoopUp Group plc.
24 August 2016
Lewis Silkin has acted for Panmure Gordon, the leading independent M&A and corporate advisory stockbroker, in its roles as nominated adviser and sole broker to LoopUp Group plc. LoopUp is a global software-as-a-service (SaaS) provider of conference call and remote meetings.
Lewis Silkin has acted for Panmure Gordon, the leading independent M&A and corporate advisory stockbroker, in its roles as nominated adviser and sole broker to LoopUp Group plc. LoopUp is a global software-as-a-service (SaaS) provider of conference call and remote meetings.
Admission of Loopup’s entire issued and to be issued share capital took place on 24 August 2016. A private placing conducted alongside admission to AIM successfully raised £8.5 million, and LoopUp’s market capitalisation at the placing price is just over £40 million.
LoopUp Group is an entrepreneur-led, high-growth SaaS provider, which aims to eliminate the common frustrations associated with conference calls to deliver a premium remote meeting experience for mainstream business users.
The deal sees the strengthening of Lewis Silkin’s relationship with Panmure Gordon, and further demonstrates the Corporate team’s expertise in the technology sector. The Lewis Silkin team continues to work on transactions with innovators at every stage of their development, from private fundraisings to the public markets.
For more information please contact:
Mariana Mancellos
Marketing Executive, Lewis Silkin LLP
Tel: 020 7074 8074
Email: mariana.mancellos@lewissilkin.com