Primero Group

Canaccord Genuity acts as Lead Manager, Underwriter and Bookrunner to Primero Group Limited on its A$25 Million Initial Public Offering (“IPO”)

Canaccord Genuity is pleased to announce the completion of an Initial Public Offering by Primero Group Limited (“Primero”) (ASX.PGX) on ASX.

The IPO raised gross proceeds of A$25 million at Marcus Freemanan issue price of A$0.40 per share. Canaccord Genuity acted as Lead Manager, Underwriter and Bookrunner to the transaction.

By way of background, Primero is a West Australian-based multi-disciplinary engineering group specialising in the design, construction and operation of global resource projects in Australia and offshore.

The Canaccord Genuity deal team consisted of Marcus Freeman, Duncan St John, Carl Henschke and Christian Calabrese. Significant support was provided by our Sales team in Australia and Asia, with special acknowledgement of Steve Kestel who provided support in the origination of the transaction.