Warpaint London Raises £15M in Successful Placing

Deal News | Dec 09, 2024 | Shore Capital Markets

Warpaint London Raises £15M in Successful Placing

Shore Capital, acting as the Sole Bookrunner and Retail Offer Co-ordinator, has successfully facilitated a £15 million fundraising for Warpaint London plc. The funds were raised through a combination of a £14 million placing and a £1 million retail offer. This strategic action is expected to bolster Warpaint's financial position, enhancing its capability to execute on growth initiatives and solidify its market presence.

Sectors

  • Investment Banking
  • Cosmetics

Geography

  • United Kingdom – Both Shore Capital and Warpaint London are headquartered in the UK, with the fundraising activities presumably targeting the UK market and investors.

Industry

  • Investment Banking – Shore Capital, an investment bank, played a key role in orchestrating the financial offering for Warpaint London.
  • Cosmetics – Warpaint London operates in the cosmetics industry, and this financial maneuver is intended to support its market strategies and expansion.

Financials

  • £15 million – Total amount raised by Warpaint London through a £14 million placing and a £1 million retail offer.

Participants

NameRoleTypeDescription
Shore CapitalInvestment Bank, Sole Bookrunner, Retail Offer Co-ordinatorCompanyAn investment banking group acting as the key coordinator in Warpaint London's fundraising efforts.
Warpaint London plcTarget CompanyCompanyA UK-based cosmetics company raising funds to support its growth strategies.