Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Mode Global Holdings Plc, a UK based founder led fintech group, on its £40.3 million IPO on the Standard Segment of LSE’s main market.
Mode has successfully raised £7.5 million (before expenses) by way of a placing of 15 million new Ordinary Shares with institutional and other investors at a price of 50 pence per Ordinary Share.
Mode’s offering includes a digital wallet that allows users to manage traditional and digital assets such as bitcoin in the same app; Mode’s proprietary bitcoin interest-generating account called Bitcoin Jar; and WeChat & Alipay payment processing and market services for U.K. and European companies looking to access Chinese markets.
Jonathan Rowland, Founder & Executive Chairman of Mode said: “We’re incredibly proud to be one of the first financial services companies with a consumer-focused digital asset offering to list on London Stock Exchange’s Main Market. The admission of Mode during the COVID crisis is a huge achievement and part of our aim to bring much-needed credibility and transparency to both FinTech and digital asset industries.
Jeffreys Henry LLP acted as the Reporting Accountant in respect of the IPO.
INTRODUCTORY MEETING
CONTACT US TO ARRANGE AN INTRODUCTORY MEETING, OR FOR A QUOTE.
NICK MICHAELS
Partner - Capital Markets
Throughout his career, Nick has extensively worked with public listed companies, including those listed on the LSE Standard List, AIM, Aquis (NEX) and CSE listed companies, during a time of accelerated growth, reverse takeovers and mergers and acquisitions.
SANJAY PARMAR
Partner - Capital Markets
Sanjay qualified as a Chartered Accountant in 1990. He is a corporate specialist with a client base in various sectors. Sanjay is the lead auditor on over 21 of our listed companies and has acted as the Reporting Accountant on a number of IPO’s and reverse transactions. He has extensive experience in the application of International Financial Reporting Standards (“IFRS”) and undertaking investigating accountant assignments on acquisitions.
RELATED NEWS
Using New Technology to Streamline the Audit Process
Up until recently, annual external audits frequently resulted in disruption to clients as they have been required to spend significant time responding to related queries and […]
Jeffreys Henry advise Poolbeg Pharma Plc on £50m AIM IPO
Poolbeg Pharma, a spin out of Open Orphan, has successfully raised £25 million (before expenses) and lists with a market capitalisation of £50 million. Poolbeg Pharma is a clinical-stage infectious disease pharmaceutical company. Their novel capital light clinical model enables them to develop multiple products faster and more cost effectively than the traditional biotech model.
Jeffreys Henry LLP advise Vector Capital Plc on £16m AIM IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has advised Vector Capital Plc on its […]
Jeffreys Henry LLP advise Intuitive Investments Group on £7.85m AIM IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has advised Intuitive Investments Group on its […]
Jeffreys Henry LLP advise Anemoi International on LSE IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Anemoi International (“AMOI”) on its IPO on the Standard Segment of LSE’s main market.
Shortlisted: Specialist Team of the Year 2020
We are delighted to announce that our specialist Capital Markets team have been shortlisted for one of the most hotly-contested trophies in the accountancy profession: Specialist Team of the Year 2020.
AIM listed Premier African Minerals appoints Jeffreys Henry LLP
We are pleased to announce that Jeffreys Henry LLP has replaced KPMG as auditor to AIM listed Premier African Minerals (AIM:PREM). Premier African Minerals Limited was […]
AIM listed Alien Metals appoints Jeffreys Henry LLP
We are pleased to announce that Jeffreys Henry LLP has replaced RSM as auditor to AIM listed Alien Metals (LSE: UFO). Alien Metals Ltd is a mining exploration and development company listed on AIM of the London Stock Exchange with a focus on precious and base metal commodities.
Modern Water Plc appoints Jeffreys Henry LLP as AIM Auditor
We are pleased to announce that Jeffreys Henry LLP has replaced Grant Thornton as auditor to AIM listed Modern Water Plc. Modern Water Plc is an […]
Jeffreys Henry LLP advise Open Orphan Plc on £13 million all-share merger with hVIVO Plc
Jeffreys Henry LLP has recently advised AIM listed Open Orphan Plc on its £13 million all-share merger with AIM listed hVIVO Plc. The enlarged group was […]
