Shore Capital is delighted to have acted as Sole Bookrunner and Retail Offer Co-ordinator on Warpaint’s £15m placing and retail offer (AIM: W7L). The placing, which raised £14m, was substantially oversubscribed and the proceeds are being used for the cash consideration in relation to Warpaint’s recommended offer for Brand Architekts plc. Shore Capital is acting as Financial Adviser to Warpaint in relation to the recommended offer.

Warpaint sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets.  In addition, Warpaint supplies own brand white label cosmetics produced for several major high street retailers.  The Group also sells cosmetics using its other brand names of Man’stuff, Body Collection and Chit Chat.

Shore Capital also acts as Nomad and Sole Broker for the Company.

For further information please contact:  

Shore Capital +44 (0) 20 7408 4090

Corporate Advisory: Patrick Castle, Daniel Bush, Lucy Bowden

Corporate Broking: Fiona Conroy

For Shore Capital media enquiries, please contact:  

[email protected]