IPO – Puretech Health

Peel Hunt is acting as joint bookrunner and joint underwriter to PureTech Health plc which has today (19th June, 2015) announced the successful pricing of its IPO at 160p per share which, on admission, provides a total market capitalisation of c. £363.3m (assuming no exercise of the Over-allotment Option).

The Offer will raise gross proceeds of $171m. Admission to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange, and the commencement of unconditional dealings, are expected to take place at 8:00 am on 24th June, 2015.