Lewis Silkin’s Corporate Finance team acts on admission to AIM of The Panoply Holdings PLC

Lewis Silkin has acted for Stifel, the NYSE listed investment banking firm, in its roles as nominated adviser and sole broker to The Panoply Holdings PLC. The Panoply is a digitally-native technology services company, providing digital transformation services.

Admission of The Panoply’s issued share capital took place on 04 December 2018. A private placing conducted alongside admission to AIM resulted in an oversubscribed fundraise of £5.4m, with the placing price giving The Panoply a market capitalisation just over £30m.

The Panoply operates a decentralised, agile operating model which combines the expertise of four agencies to provide digital transformation services to blue chip clients such as Unilever, BBC, National Trust, Unicef UK, Kew Gardens, DVLA, London Southbank University, Funding Circle and Shelter.

The Lewis Silkin team that advised Stifel was led by partner David Willbe, supported by corporate associate Georgina Fraser, and trainee Elyssia White.

Lead corporate partner, David Willbe, said:

This deal further demonstrates the wide range of Lewis Silkin’s corporate finance expertise in the technology sector. Our team continues to work end-to-end on the full spectrum of corporate finance transactions for tech companies, and we hope the success of this admission will help strengthen our relationship as trusted adviser to Stifel.