FRP Advisory Group plc

Cavendish is delighted to have acted as the sole bookrunner in connection with the successful secondary placing for FRP Advisory Group plc.

The book was oversubscribed, and approximately 20.4 million shares were sold by certain Directors and Partners of FRP to new and existing institutional investors at 128 pence per ordinary share. This underscores the strong market confidence in FRP’s growth strategy and future prospects.

Katy Birkin, Corporate Finance Director at Cavendish commented on the transaction:

“We are delighted to have acted for FRP in the successful selldown by certain Partners and Directors. The response from investors highlights the appeal of FRP’s business model and growth trajectory. We look forward to seeing the continued success of the company and are proud to have played a role in this pivotal transaction.”