London—Dentons has advised Canaccord Genuity as Nomad, Sole Bookrunner and Broker on a £17.5 million share placing for Everyman Media Group plc, the independent, premium cinema group, on the AIM market of the London Stock Exchange. 

The placing was conducted via an accelerated book build and proceeds of the fundraising will be used to further strengthen the Group's balance sheet and protect its sites against an extended closure period should the impact from COVID-19 continue into the summer months, in addition to ensuring prudent levels of debt and allowing the Group to re-engage with its expansion and investment programme in due course.

Neil Nicholson, partner in Dentons' UK Corporate team who led on the deal, said, "We were pleased to advise the Canaccord Genuity team on the successful fundraise for Everyman Media Group, supporting the company in its plans for future investment and growth at this challenging time."  

Alongside Neil Nicholson, the Dentons team in London included Corporate associates Charlotte Uden, Verity Kent and Elizabeth Rangel.

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