Wilsons Advisory is pleased to have acted as Joint Lead Manager and Bookrunner to the $77.4 million selldown by existing shareholders of Whispir (WSP:ASX), following the release of shares from escrow restrictions set at Whispir’s IPO in June 2019. A total of 20.3 million shares representing 19.6% of Whispir’s shares on issue were sold to new and existing domestic and international investors.
The selling shareholders had been invested in Whispir since prior to its IPO, supporting the growth of the company over the long-term and enabling Whispir’s successful ASX-listing. Whispir’s CEO and largest shareholder Jeromy Wells did not participate in the selldown.
Richard Sherman, Head of Corporate Finance Origination, said “We are pleased to see strong support for Whispir and its growth strategy from a broad range of new and existing investors, and look forward to supporting the company’s continued success.”
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.
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