Stephenson Harwood advises on IBEX’s placing on AIM market

Stephenson Harwood has advised on IBEX Global Solutions’ placing and admission to trading on the AIM market of the London Stock Exchange, which occurred on 28 June 2013.

Market capitalisation on admission was £58.1m. Stephenson Harwood advised IBEX’s nominated adviser and joint broker Liberum Capital and joint broker Cenkos Securities.

IBEX provides contact centre services and other business process outsourcing solutions to enterprise customers.

Stephenson Harwood provided legal advice to both Liberum and Cenkos, including advising on the £10.7m placing of new shares and simultaneous £3.9m vendor placing on behalf of IBEX’s major shareholder. The Stephenson Harwood team was led by Tom Nicholls, with associate Tom Page assisting.