PD Ports AIM brief win for Hogarth

UK harbour company PD Ports Group has hired Hogarth for the planned listing of the company on the AIM.

Hogarth partner John Olsen is leading the financial comms drive for the flotation, which went to market through an accelerated placing this week (12 July). Collins Stewart and Hawkpoint Partners are financial advisers on the deal.

In the run-up to the transaction, Nikko Principal Investments sold PD Ports Group to an acquisition vehicle set up for the purpose of the IPO.

Following the listing, Nikko holds 29.9 per cent of the acquisition vehicle, which is also called PD Ports.

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