Marriott Harrison LLP advises Angling Direct Plc on its IPO and admission to trading on AIM

Tuesday 1 August 2017

Corporate partner Simon Charles and associate Marina Ehrlich advised Angling Direct Plc on its IPO and admission to trading on AIM. The company, whose nominated adviser and broker is Cenkos Securities Plc, raised a total of £9.4m by way of a placing of new and existing ordinary shares (sold down by some selling shareholders) on a post money valuation of just under £30m. The company operates a number of fishing tackle and angling products stores and has a growing online retail channel presence. Marriott Harrison LLP acted alongside the company’s solicitors Leathes Prior in Norwich who have advised the company since its establishment.