CAB Payments

Canaccord Genuity Acts as Joint Bookrunner to CAB Payments Holdings plc on its IPO on the London Stock Exchange

Canaccord Genuity is pleased to announce it has acted as Joint Bookrunner on the IPO of CAB Payments Holdings plc (“CABP” or the “Company”) on the Main Market of the London Stock Exchange, raising £335 million.

Headquartered in London, CABP (ticker: CABP.L) is a market leader in B2B cross-border payments and foreign exchange, specialising in emerging markets, facilitating flows to and from over 150 countries. The Company uses its network, technology and expertise to help governments, institutions and organisations access hard-to-reach markets to move money where it is needed.

Canaccord Genuity acted as Joint Bookrunner on the IPO. The syndicate comprised JP Morgan (Sole Sponsor, Joint Global Co-ordinator and Joint Bookrunner) and Barclays (Joint Global Co-ordinator and Joint Bookrunner) and Canaccord Genuity, Liberum and Peel Hunt (Joint Bookrunners). STJ acted as Financial Adviser to the Company.