Skillcast Group float on AIM
December 2021
Skillcast Group plc is the holding company for the Skillcast group of companies, which has been providing software and content subscriptions and related professional services to enable companies to implement their staff compliance and training obligations for over 20 years.
The Group helps companies across a broad spectrum of industry sectors to train their staff and demonstrate compliance with various laws, regulations, and standards that are relevant for their business.
The main country of operation is the UK, and the Company has an additional office in Malta.
Admission to Trading on AIM
1st December 2021, admission and dealings on AIM commenced by way of a Placing of 12,162,163 Ordinary Shares of 0.1 pence each at 37 pence per share.
Reasons for Admission
The Directors believe that the Group has reached a stage of its development where it will benefit from the Company’s admission to trading on AIM and that, as well as providing the proceeds of the Placing, this will:
- Enable the acceleration of investment in technology and marketing
- Provide access to further capital should the Group require
- Strengthen the Group’s reputation and credibility as a staff compliance technology provider
- Enhance the Group’s ability to hire and retain talent
The Perivan shareholder communications team were delighted to work with Allenby Capital who were appointed as Nominated Adviser and Sole Broker to Skillcast, on the successful publication of the 121-page admission document.
Perivan specialise in the production and publication of financial documents relating to shareholder and investor communications for quoted companies, private companies and open and closed-ended funds.
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