LONDON, 26 April 2012 – Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as Nominated Adviser and sole broker on the IPO of Snoozebox Holdings plc raising £12m.

Snoozebox shares are expected to start trading on the AIM market on Tuesday, 1 May 2012 and the market capitalisation of the company on admission at the placing price will be approximately £20.5m.

Snoozebox is a provider of portable hotels and temporary accommodation.