The agency congratulates its client MJ Hudson, the asset management consultancy which provides expertise and infrastructure support to fund managers, investors and other specialists in the asset management industry, on its successful AIM IPO.
The Company raised £31.4 million from institutional investors this week, including £29.3 million of new money for the Company, through a placing and subscription of 55,024,958 Ordinary Shares at a placing price of 57p. The Company’s market capitalisation on Admission was £97.6 million.
MJ Hudson was the 11th company to join AIM in 2019.
The Company’s admission document is available to view on its Investor Relations website at www.mjhudson.com/investors.