Evolution Securities Limited ("Evolution") announces the completion of an AIM IPO raising £3m by way of placing of ordinary shares for Boomerang Plus plc. The placing price was 158p per ordinary share, capitalising the company at £14m.
Evolution acted as Nominated Adviser and Broker on the transaction and will act as Nominated Adviser and Broker going forward.
The shares were admitted to trading on AIM on Monday 5th November 2007.
Boomerang Plus creates entertainment, factual, sport, music, drama and children’s programmes for television, radio and the web. The Company operates across the whole spectrum of creative industry activities including programme production, post-production services, television facilities and talent management.