Liberum acts as Sole Bookrunner on £41 million Secondary Placing in Codemasters

We are pleased to announce that Liberum acted as Sole Bookrunner on a Secondary Placing in Codemasters Group Holdings plc. Reliance Big Entertainment (Singapore) Pte. Ltd sold 19,915,904 ordinary shares, in response to investor demand, representing 14.2% of Codemasters’ issued share capital, at a price of 205 pence per share. The Placing represents a full exit of Reliance’s stake in Codemasters.

1200Px Codemasters Logo.Svg

The placing was supported by existing and new shareholders, including US based funds. The share price traded at a 6% premium to the placing price in the aftermarket.

Codemasters is an award-winning British video game developer and publisher specialising in high quality racing games, including DiRT, GRID and F1.

Liberum Team

Board – David Parsons

Investment Banking – Neil Patel, Cameron Duncan, Ed Phillips, Will Hall, Ant Schia

Sales – Julian Collett, Seb Fernandez, Oliver Baxendale, Alistair Smallwood

Research – Andy Bryant, Olivia Honychurch

Legal – Rebecca Gordon, Alice Foster

Company Image

London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY [email protected] +44 (0)20 3100 2000

Leeds

Northspring, 36 Park Row Leeds, LS1 5JL [email protected] +44 (0)113 841 9700

Cambridge

50-60 Station Road Cambridge, CB1 2JH [email protected] +44 (0)113 841 9700
Company Image

New York

20th Floor 575 Fifth Avenue New York NY 10017 [email protected] +1 212 596 4800