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Travers Smith advises Peel Hunt LLP on Inspecs Group plc AIM IPO


Travers Smith LLP has advised Peel Hunt LLP as nominated adviser, broker and sole bookrunner to Inspecs Group plc on its AIM IPO.

Inspecs, a designer, manufacturer and distributor of eyewear frames to global retail chains, has announced a conditional placing to raise gross proceeds of approximately £94 million, comprising £23.5 million for the Company and £70.5 million for the selling shareholders.

Admission and the commencement of dealings is expected to take place on 27 February 2020. The market capitalisation of Inspecs on Admission will be £138 million.

Corporate partner Philip Cheveley led the Travers Smith team, assisted by Corporate Senior Associate Tom Coulter and Corporate Associate Tom Gubbins.

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