Travers Smith LLP has advised Peel Hunt LLP as sponsor, bookrunner and intermediaries co-ordinator to ProCook Group plc on its main market IPO.
ProCook, the UK's leading direct-to-consumer specialist kitchenware brand, has announced a conditional placing and intermediaries offer to raise gross proceeds of approximately £39.7 million for selling shareholders.
Admission and commencement of unconditional dealings is expected to take place on 12 November 2021. The market capitalisation of ProCook on Admission will be approximately £158 million.
The Travers Smith team was led by Corporate Partner Richard Spedding, assisted by Corporate Senior Counsel Mark Anderson. US securities law advice was provided by US Senior Counsel Brent Sanders.
Eversheds Sutherland advised ProCook.