£13.2m IPO of Scholium Group plc

The BDO Transaction Services team acted as Reporting Accountant on the recent AIM IPO of Scholium Group plc.   Scholium is the holding company of a group of businesses involved primarily in the trading and retailing of rare and antiquarian books and works on paper. The capital raised in the IPO will be used to increase the day-to-day trading stock of Scholium’s largest division, Shapero Rare Books; to trade alongside other dealers in the wider rare and collectibles market; and for general working capital purposes. Scholium raised £8m before expenses, giving a market capitalisation on admission of approximately £13.2m.