Cenkos Securities hails Scottish input as clients raise £1 billion

Institutional stockbroking firm Cenkos Securities, which runs its Scottish operations out of Edinburgh, has helped clients raise in excess of £1 billion so far in 2021 – more than was achieved in the whole of 2020.

Sunday, 1st August 2021, 4:55 am
Institutional stockbroking firm Cenkos Securities has helped clients raise in excess of £1bn so far in 2021. Picture: Daniel Leal-Olivas/AFP/Getty Images

Since the start of the year, the firm has advised on 21 fundraisings for corporate clients, including two initial public offerings, bringing the total raised to £1.05bn.

Four transactions have been generated out of the Scottish office: 88 Energy, with a £6.75m placing; Landore Resources, £3.5m placing; Getch Group, £6.25m placing and open offer; and Plant Health Care, £7.06m placing.

CEO Julian Morse said: “With a revitalised leadership team driving a more collaborative culture, these are clear signs that our focus on teamwork and delivering for our clients is starting to pay off. The new client wins are a testament to this, as are the number of clients whose success over a number of years is enabling them to come back to the market to fund further growth.”

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