Shore Capital acts as sole bookrunner on US$18m placing for BATM Advanced Communications

 

Shore Capital is delighted to have acted as sole bookrunner for BATM Advanced Communications Limited (BATM) on a successful placing and subscription which raised US$18m from existing and new investors.

 

BATM, a leading provider of real-time technologies for networking solutions and medical laboratory systems, expects to utilise the net proceeds of the fundraise for the Networking & Cyber and Bio-Medical divisions.

 

For further information please contact:

Shore Capital: +44 (0) 20 7408 4050

Mark Percy

Anita Ghanekar

James Thomas

 

For media enquiries, please contact:

Adele Gilbert: +44 (0)79 6622 4514

 

Note to Editors

About Shore Capital

We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income.  We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM.  Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.

 

Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK and Europe.

 

Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.