Shore Capital acts as Joint Bookrunner on £7m Placing for Eagle Eye Solutions Group plc

Shore Capital is delighted to have acted as Joint Bookrunner for Eagle Eye Solutions Group (AIM: EYE) on a £7m placing to fund the acquisition of Untie Nots, which was very well supported by both existing and new shareholders.

With a market capitalisation of £155m before the transaction, Eagle Eye is a leading SaaS technology company that creates digital connections enabling personalised, real-time marketing through coupons, loyalty, apps, subscriptions, and gift services.

Untie Nots is a leading personalised promotions business providing retailers with AI powered promotion and gamification SaaS software solutions, whose enterprise customers include Carrefour, E. Leclerc and Auchan and other blue-chip retailers in Europe and the US, including Rite Aid.

For further information please contact:  

Shore Capital +44 (0) 20 7408 4090

Corporate Advisory: Daniel Bush / David Coaten / Lucy Bowden

Corporate Broking: Henry Willcocks

For Shore Capital media enquiries, please contact:  

Will Poulton: +44 (0)74 8038 3738

Note to editor

About Shore Capital

We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income.  We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM.  Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.

Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK, Europe and US.

Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.