£30m Accelerated Book Build Placing & £39m Acquisition – Brooks Macdonald Group

Peel Hunt is acting as NOMAD, sole Bookrunner and sole Corporate Broker on an accelerated book build placing of new ordinary shares in Brooks Macdonald Group plc (representing 12.1 % of the Company’s existing issued ordinary share capital) at a price of 1775 pence per Placing Share raising gross proceeds of approximately £30 million (to part finance the £39m acquisition of Cornelian Asset Managers group limited) as announced on 22nd November, 2019.