An initial public offering (IPO) is not the easiest path to follow in the present climate. However, for well-managed companies with strong growth plans, there are still good prospects for obtaining investment capital and accession to a share listing.

Whether floating on AIM (alternative investment market) or the main market of the London Stock Exchange, the IPO process requires careful planning. Our associate's role is to act as sponsor or NOMAD (nominated adviser) to companies undertaking IPO’s, including advising on:

§          IPO strategy, timing and business preparation.

§          The board composition.

§          The choice of brokers, who will place the shares, and other relevant advisers.

§          Process management  co-ordinating the work of broking, accounting, PR and legal professionals involved.

§          Establishing with the brokers the appropriate parameters for pricing and share distribution.

§          Guidance on the regulatory aspects of an IPO and drafting of the prospectus.

§          Maintaining your objectivity and advising you independently of those providing the funding.

We are also able to draw upon other services across PCGC including acting as reporting accountants and tax advisers (corporate and personal).

Why are you considering a flotation?

§          To realise value for all or part of your investment in the business

§          For financing flexibility (through long-term capital, the ability to issue further equity or listed debt) in order to expand your markets, make acquisitions or reduce gearing

§          To gain a higher profile and visibility with customers and suppliers  a sign of credibility that may help to lower costs

§          For an avenue to motivate staff through share option schemes