PKF supports acquisition and re-admission to the Main Market of the London Stock Exchange
We are delighted to have supported Stranger Holdings plc on their acquisition of Desert Star Trading 130 Proprietary Limited and re-admission to the Main Market of the London Stock Exchange.
Stranger has raised gross proceeds of £4,900,000 through the issue of Placing and Subscription Shares. The Fund Raising will be completed in several rounds, at an effective price of 0.23 pence per share for the first round of subscriptions, 0.75 pence per share for the second round of subscriptions and at 1.25 pence for the Placing.
Stranger Holdings is an investment company focused on making targeted acquisitions through which it can implement an operational strategy that will build significant value.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Sam Bradshaw.
Find out more about how our Capital Markets team can support you and your business here.
