AIM revival see James Cowper scoop two IPOs

June 24, 2014

AIM revival see James Cowper scoop two IPOs
Kreston UK firm James Cowper has assisted two companies achieve a listing on the London AIM stock market.

The firm acted as reporting accountants on the Initial Public Offerings (IPOs) of Wealth Management advisers EW Group and biotechnology specialists Bioventix on their admissions to AIM.

The EW Group transaction was a reverse acquisition of European Wealth Management Group Plc by EW Group Limited – an AIM listed company.

John Morton, Executive Chairman commented:

“The team at James Cowper provided invaluable advice throughout the IPO process. Their attention to detail and drive for a successful result were pivotal in ensuring that all hurdles were overcome and that the process was completed in a timely manner. I would not hesitate to recommend them to others.”

Peter Harrison, Director at Bioventix Plc, said:

“James Cowper managed the transaction diligently and the advice and experience that we received was excellent. The process had to be completed within four weeks to guarantee listing and their pragmatic approach throughout ensured that this was achieved.”

Nick Rogers, Head of Corporate Finance at James Cowper, said:

“Confidence in the economy is continuing to grow and economic forecasts are predicting growth at pre-2008 levels. Private equity houses are looking to increase their portfolios, investing in well-organised and committed management teams, and in sectors with significant development opportunities. The Stock Market is once again becoming a central hub of investment.

“Alongside this, AIM is also experiencing a revival, and these two transactions add to the growing number of listings that are occurring on a monthly basis.”