FRP Advisory Group plc (AIM:FRP) acquired Gordon Wilson & Co. Ltd on March 11, 2024. Gordon Wilson & Co. Ltd owner, Gordon Wilson will join FRP as a partner. The rest of the Gordon Wilson & Co. Ltd. team comprising eight colleagues, will also join FRP. As part of the transaction, FRP will issue 444,445 new ordinary shares, which will rank equally with the company?s existing ordinary shares. The new shares will start trading on the AIM market of the London Stock Exchange on March 13, 2024. Following the admission, the company will have 251,377,035 ordinary shares in issue, with each ordinary share carrying the right to one vote. Cavendish Capital Markets Limited acted as financial advisor for FRP Advisory Group. Investec Bank plc acted as a joint broker.
FRP Advisory Group plc (AIM:FRP) completed the acquisition of Gordon Wilson & Co. Ltd on March 11, 2024. Garry Manley, Darryl Jago and Ruby Agate of Appleby acted as lead counsel to Gordon Wilson.