Corporate
Silk Laser Clinics - Congratulations on successful Initial Public Offer
Tue 15th December, 2020

Congratulations to Martin Perelman, Advent Partners and the whole SILK Laser Clinics Australia team on the successful Initial Public Offer (“IPO”) of SLK on the ASX. Shares in the company closed at $3.58 on day one of trading, reflecting a 4% increase on list price, driven by strong investor demand.

The IPO positions SILK to continue to execute on its growth strategy to expand its 53 specialist clinic network, cementing the company as a leader in the domestic non-surgical aesthetic product and services market.

Head of Corporate Finance Robert Snow said, “Wilsons Advisory are pleased to have acted as Joint Lead Manager to another fast growing, quality business with exciting long term prospects. As we enter into the end of the year, it was great to see unwavering enthusiasm by investors on day one of trading, positioning SILK as a differentiator in what has been a highly active IPO market.”

For more information contact:
Head of Corporate Finance, Rob Snow
rob.snow@wilsonsadvisory.com.au / (02) 8247 6645; 
Head of Corporate Finance Origination, Richard Sherman richard.sherman@wilsonsadvisory.com.au / (03) 9640 3879 

About Wilsons Advisory: Wilsons Advisory is a financial advisory firm focused on delivering strategic and investment advice for people with ambition – whether they be a private investor, corporate, fund manager or global institution. Its client-first, whole of firm approach allows Wilsons Advisory to partner with clients for the long-term and provide the wide range of financial and advisory services they may require throughout their financial future. Wilsons Advisory is staff-owned and has offices across Australia.

Disclaimer: This communication has been prepared by Wilsons Advisory and Stockbroking Limited (ACN 010 529 665; AFSL 238375) and/or Wilsons Corporate Finance Limited (ACN 057 547 323; AFSL 238383) (collectively “Wilsons Advisory”). It is being supplied to you solely for your information and no action should be taken on the basis of or in reliance on this communication. To the extent that any information prepared by Wilsons Advisory contains a financial product advice, it is general advice only and has been prepared by Wilsons Advisory without reference to your objectives, financial situation or needs. You should consider the appropriateness of the advice in light of your own objectives, financial situation and needs before following or relying on the advice. You should also obtain a copy of, and consider, any relevant disclosure document before making any decision to acquire or dispose of a financial product. Wilsons Advisory's Financial Services Guide is available at wilsonsadvisory.com.au/disclosures.

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