Dianomi IPO completes with admission to AIM
We are very pleased to have acted as Nomad, Sole Broker and Sole Bookrunner to Dianomi on their IPO, that completed with their admission to AIM on 24th May 2021. Dianomi is a leading provider of native digital advertising services to premium clients in the Financial Services and Business sectors.
The placing, which was significantly oversubscribed, raised £37million (£5million for the Group and £32 million for existing shareholders) and the new funds will be used to expedite the digital advertising group’s organic growth in North America and EMEA.
Rupert Hodson, Chief Executive Officer of Dianomi commented:
“The positive response from investors to Dianomi’s IPO and future plans has been very encouraging and we are delighted to welcome our new shareholders and continue our journey as a quoted company on AIM. Demand for native digital advertising has grown substantially over the last 5 years and this is set to continue. The Panmure Gordon team provided valuable advice and high quality execution of our IPO which resulted in a significantly upscaled and oversubscribed placing. “