Deal Alert: Smarttech247 Group Plc

PKF supports Admisson to AIM

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We are delighted to have supported Smarttech247 Group PLC on it’s Admission to trading on AIM.

Smarttech247 has raised gross proceeds of £3.67 million, through a Placing of 12,385,828 new Ordinary Shares at the Placing Price of 29.66 pence per share, giving a market capitalisation of approximately £36.80 million on Admission.

Smarttech247 is a provider of AI enhanced cybersecurity services, providing automated managed detection and response for a portfolio of international clients.

PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys, Abi Williams and Jamie Legge.

“We were very happy with the Capital Markets team at PKF. They demonstrated excellent knowledge and experience in assisting on our successful IPO on the London Stock Exchange. We appreciated their professional approach and support throughout the transaction.”

Ronan Murphy, Executive Chairman, 

Find out more about how our Capital Markets team can support you and your business here