Shore Capital is delighted to have acted as Nominated Adviser and Sole Bookrunner and Broker to Winvia Entertainment plc (the “Company” or “Winvia”) on its successful IPO on the AIM Market of the London Stock Exchange. The market capitalisation of Winvia on admission to trading on AIM was £205 million based on the placing price of 195 pence per share.

Winvia is a technology-led entertainment business, focused on two discrete fast-growing channels, being the large and highly fragmented UK Prize Draw market and the regulated Romanian online gaming market.  The Company’s near-term growth plans are focused on the highly fragmented UK prize draw market with opportunities for strong organic growth and complimentary acquisitions. 

Winvia raised £40m through a placing of new ordinary shares (the “Placing”). The Placing was substantially oversubscribed and very strongly supported by institutional investors. The net proceeds of the Placing are planned to be used by the Company to fund acquisitions in the UK Prize Draw sector and Winvia is in discussions with several potential acquisition targets.

Shore Capital CEO, Simon Fine, added:

“We are pleased to have advised Winvia on its strongly supported IPO. Winvia is a profitable and highly cash generative business with a compelling growth story.

We are seeing significant interest in corporates exploring an IPO in both the AIM and Main segments of the London Market.

Congratulations to Mihai and David and the wider Winvia team, we look forward to continuing to support you on your journey as a public company.”

Shore Capital team:

Executive: Simon Fine

Corporate Advisory: Patrick Castle, Tom Knibbs, Sophie Collins

Corporate Broking: Fiona Conroy

Equity Sales: John Ritchie, George Fraser

Research: Greg Johnson

Investor Relations: Jane Horder, Lisa Mason