The Capital Markets team at law firm Gowling WLG has advised Panmure Gordon (UK) Limited as nominated adviser and broker on a placing and open offer for their client Feedback PLC, an AIM quoted company specialising in clinical communication. The company has raised approximately £11.2 million in aggregate (before expenses) through the issue of 1,599,999,991 new ordinary shares.
The team from Gowling WLG was led by corporate partner David Brennan with assistance from associate Hannah Shamsolmaali and trainee solicitor Hannah Barnett.
Commenting on the advice given by the Gowling WLG team, David Brennan said:
"Supporting business success stories within the fast moving health-tech space is an important focus in the current COVID environment so we are delighted to have advised on this important fundraise - which should act as an essential springboard for Feedback's future prosperity and success."
Gowling WLG is recognised for its leading position in the AIM market, acting for both issuers and the investment banks and brokers that advise them. It brings together experts in tax, corporate, finance, regulatory and dispute resolution to provide a full legal service to its clients. With offices across Canada, the UK, Europe, Russia, Asia and the Middle East - as well as an established network of professionals in South Africa, Australia and South America - Gowling WLG utilises its understanding of local markets to navigate issues across multiple jurisdictions. Gowling WLG has vast experience in fundraising ventures and acting for capital markets participants, taking great pride in what we help our clients achieve.