£18.9 m Accelerated Book Build Placing of Secondary Shares – Loungers

Peel Hunt acted as joint bookrunner on an accelerated book build placing of 9,000,000 ordinary shares in Loungers Plc on behalf of certain funds advised by Lion Capital LLP at a price of 210 pence per share (representing c. 9.7% of the issued share capital of Loungers plc) as announced on 23rd December, 2019.