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Travers Smith advises Numis and Goodbody on placing by Draper Esprit plc

Overview

Travers Smith LLP has acted for Numis and Goodbody (in their capacities as joint corporate brokers, joint global co-ordinators and joint bookrunners) on the English law aspects of a placing by Draper Esprit plc ("Draper Esprit") by way of an accelerated bookbuild which, together with an offer to retail investors made by Draper Esprit on the PrimaryBid platform, raised gross proceeds of c.£111m.

Draper Esprit plc is a venture capital firm traded on AIM and Euronext Growth, investing in high growth digital technology businesses across Europe. The placing will be used to fund an accelerated investment strategy and capture a greater share of technology investment opportunities.

The Travers Smith team comprised Partner Jon Reddington and Senior Associate Simon Inder.

Irish law advice was provided by A&L Goodbody and Draper Esprit was advised by Gowling WLG.

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