£29.1m Placing – The SimplyBiz Group

Peel Hunt is acting as Joint Bookrunner and joint Corporate Broker to The SimplyBiz Group plc on its conditional (Cash £13.8m and Vendor £15.3m) institutional placing of new Ordinary shares at 180 pence per Placing share to raise £29.1m in aggregate to part fund its £74.3m acquisition of Defaqto Limited, as announce on 20th March, 2019.