Zeus acted as Nominated Adviser and Sole Bookrunner to LifeSafe Holdings Plc, to raise c.£1.7 million

Zeus is delighted to have acted as Nominated Adviser and Sole Bookrunner to LifeSafe Holdings Plc, to raise c.£1.7 million by way of an equity placing and subscription together with a retail offer utilising the BookBuild platform to raise up to a further £0.3 million.

LifeSafe Holdings Plc are a fire safety technology business, manufacturing a range of fire safety protection products. The Company has made considerable operational and strategic progress in the last 12 months, developing a strong pipeline of innovative new products and fluid derivatives in response to industry demand.

Proceeds will be used for working capital purposes to strengthen the current balance sheet and support the Company’s continued growth, as well as developing new products.

Dominic Berger

Chairman of LifeSafe

“The Board would like to thank existing shareholders for their ongoing support, whilst also welcoming several new blue chip institutional investors to the LifeSafe register.

To that end, we would particularly like to thank the Zeus team for their unwavering focus in securing not just the requisite funds, but also attracting new blue-chip institutional investors with two of the largest individual orders LifeSafe has ever been offered. We look forward to working closely with the team moving forward as we continue our growth strategy.”

David Foreman

Director, Investment Banking at Zeus

“LifeSafe has a highly compelling suite of fire protection technologies, both with rapidly growing consumer demand, but also with burgeoning industrial opportunities.

We are delighted to have addressed the Company’s working capital needs, and with a much strengthened financial position and expanded shareholder base, we look forward to plenty of positive LifeSafe news flow with management now unshackled to focus on commercial scale up.”

Zeus Team

Members of the Zeus team included: David Foreman, Alexandra Campbell-Harris and John Moran (Investment Banking); Alice Lane (Corporate Broking); and Andy Hanson (Research).

Contact

If you would like further information, please get in touch with our team.

David Foreman Director, Investment Banking+44 7825 884 5000+44 7927 672 610 Scan with your phone camera to add to contacts Download vCard

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