Deal alert: Nightcap Plc
Admission to trading on AIM
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RetailThe London Cocktail Club is an award-winning independent operator of ten individually themed cocktail bars in nine London locations and one location in Bristol, targeting customers aged between 26 to 40 years old.
In conjunction with Admission, Nightcap has raised gross proceeds of £4.0 million through a fundraising that is comprised of a placing and an offer through PrimaryBid, at an issue price of 10 pence per share. Upon Admission, the Company will have a market capitalisation of approximately £13.5 million.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Joseph Baulf, Mark Ling and Lauren Haslam.
“We greatly appreciated the support provided by the Capital Markets team at PKF. The timetable was challenging and we needed an experienced Reporting Accountant with a professional and efficient approach. This listing marks an important step in the growth plan of Nightcap Plc and we value the support of PKF in achieving these aspirations.”Find out more on how our capital markets team can support you and your business here.
Toby Rolph, CFO | Nightcap plc