EnSilica complete £1.1 million Secondary Fundraise
February 2024
EnSilica is an AIM listed leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams.
The company has world-class expertise in supplying custom RF, mmWave, mixed signal, and digital ICs to its international customers in the automotive, industrial, healthcare, and communications markets.
The company also offers a broad portfolio of core IP covering cryptography, radar, and communications systems. EnSilica has a track record in delivering high-quality solutions to demanding industry standards.
EnSilica is headquartered near Oxford, UK, and has design centres across the UK and in Bangalore, India and Porto Alegre, Brazil.
Placing to raise £1.1 million
On 27th February 2024, the Company announced that it had conditionally raised approximately £1.1 million by way of a placing of a total of 2,230,000 new ordinary shares of 0.1p each in the Company at a price of 50 pence per new Ordinary Share.
Having helped EnSilica when they floated on AIM in May 2022, and with their inaugural and subsequent annual reports, the Perivan shareholder communications team was delighted to work with Allenby Capital who acted as Nominated Adviser and Broker at this next stage of their corporate journey on the shareholder documentation which was successfully produced and posted to shareholders on 28th February 2024.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to corporate finance transactions.
