Collins Stewart completes IPO of £63.5 million of Ordinary Shares by Polymer Logistics N.V.
Clients Collins Stewart Holdings PLC
Jones Day acted for Collins Stewart Europe Limited as Nominated Adviser and Broker to Polymer Logistics N.V. in the admission of its ordinary share capital to trading on AIM and a placing of 20,731,708 new Ordinary Shares. At the placing price of 82 pence per share, Polymer Logistics is capitalised at approximately £63.5 million. The placing raised approximately £15 million, net of expenses.