Sydney, July 19 2010 - The Australian Securities Exchange (ASX) in association with Wholesale Investor will be holding IPO Workshops in Sydney and Melbourne designed to introduce private small cap companies to the fundamentals of Initial Public Offering (IPO) planning from a financial, legal, fundraising and broking perspective.
The free workshops will provide the combined expertise of ASX, Norton Rose, PricewaterhouseCoopers, Bell Potter Securities and Wholesale Investor through an informal forum to assist companies in determining whether listing is appropriate for their business requirements and consistent with their long-term strategic goals. Small group breakouts will be held afterwards for Q&A sessions with each IPO expert.
First Hand Australian IPO Expertise
Each workshop will allow private small companies to hear directly from IPO specialists in different fields with a combined experience of over 40 IPOs between them:
- Helen Cox, Director (Sydney) and Kate Byrne, Director (Melbourne), PricewaterhouseCoopers - Accounting requirements
- Andrew Rankin, Partner (Sydney) and Robert Sultan, Partner (Melbourne), Norton Rose - Legal requirements
- Simon Matison, Partner, Bell Potter Securities - Broking requirements
- Reuben Buchanan, Director, Wholesale Investor - Pre-IPO fundraising
These workshops will illustrate the framework that ASX provides as a major platform for accessing capital, providing companies with a higher public profile, attracting institutional investors, facilitating company valuations, generating liquidity and creating a suitable exit strategy for early stage investors.
The Aim Of The ASX IPO Workshops
Eddie Grieve, Manager Listings at ASX and host of the forum said: “Our aim is to provide support to potential ASX issuers with guidance in IPO planning through this workshop. Listing with ASX, allows companies to enter a new phase in their development, joining a select group of organisations on the public capital market. Listing on ASX has helped thousands of companies achieve their growth ambitions. Over $106bn in capital was raised through primary and secondary raisings by ASX listed companies in 2009 alone.”
Connecting Companies With Investment
“These IPO Workshops will provide a valuable insight for businesses which are considering a public listing,” said Reuben Buchanan, Director of Wholesale Investor.
“The results of our recent investor survey tell us that two in three sophisticated and professional investors are optimistic about the Australian economy over the next two years. Fifty percent of investors surveyed are looking for pre-IPO investment opportunities meaning there is significant funding available for pre-IPO and IPO funding.”
The ASX IPO Workshops will be held in Sydney and Melbourne:
- From 8.30am to 11.40am on 27 July, 2010 at ASX Ltd, 20 Bridge St, Sydney 2000; and
- From 8.30am to 11.40am on 29 July, 2010 at Stamford Plaza Hotel, 111 Little Collins St, Melbourne 3000.
Private companies wishing to attend can visit www.asx.com.au/sydney and www.asx.com.au/melbourne to register.
Wholesale Investor is Australia's leading private investment platform showcasing Private, Pre-IPO and Life Sciences ASX Listed Opportunities to over 8,600 High Net Worth, Professional and International investors.
P: Ph: 1300 597 595