29th July 2022
Equipmake PLC announces its successful placing of £10m and admission to trading on Aquis.
haysmacintyre was delighted to act as reporting accountant on Equipmake PLC’s successful admission to Aquis, where it raised £10m through the placing and subscription of 823,529,409 ordinary shares.
Equipmake PLC was founded in 1997, initially as an energy consulting business, refocusing in 2007 on EV technology. Equipmake PLC is a UK based technology company, which has developed a range of electrification products for the provision of electric vehicle drivetrains to meet the needs of the automotive, aerospace and other sectors in support of the transition from fossil-fuelled to zero emission powertrains. Equipmake PLC’s admission to Aquis is expected to assist in securing and fitting-out a new production and testing facility which will facilitate the continued growth of the business.
Steven McGillivray, Head of Finance at Equipmake PLC, commented: “The services provided by haysmacintyre throughout the listing process was of the highest level. Jake and his team were always on hand to guide us through the process, and I am extremely grateful for the support provided. I would happily recommend them.”
Laura Mott, Partner at haysmacintyre, commented: “haysmacintyre were delighted to act for Equipmake PLC on their admission to Aquis. It was great to be involved with a business, aiding the global green zero emission vehicle initiative. We look forward to continuing our relationship and seeing Equipmake PLC’s progress with their growth strategy over the coming years.”
The haysmacintyre team included Laura Mott, Partner, Jake Pearlman, Director, and Sophie Knight, Manager.