Shaw and Partners appointed as Sole Lead Manager to the IPO of P2P Transport News22 Nov 2017

Shaw and Partners is acting as Sole Lead Manager to the $29.2m P2P Transport Initial Public Offering

 

P2P Transport is seeking to raise up to $29.2m, offering 22.1 million shares with an issue price of $1.32 per new share.

 

 

P2P Transport is one of Australia’s largest fleet management businesses focused on the Point-to-Point passenger transport industry. With a rapidly growing fleet of approximately 720 passenger vehicles, P2P Transport operates from eight sites situated in Victoria (Melbourne), NSW (Sydney) and Queensland (Brisbane, Gold Coast and Toowoomba).  P2P Transport’s fleet includes a range of taxis, corporate and ride-share vehicles designed to service each segment of the P2P passenger transport industry.

 

The company is overseen by Tom Varga (formerly of Macquarie and Bluescope), while its chairman is Matthew Reynolds, Partner in HWL Ebsworth Lawyers and Non-Executive Director of ASX listed companies Bubs Australia Limited and Axsesstoday Limited.

 

THE OFFER IS OPEN TO AUSTRALIAN RESIDENT CLIENTS ONLY.

 

For more information please contact your Shaw and Partners’ adviser.

 

 

Disclaimer:  P2P Transport Limited ACN 617 760 899 (Company) lodged a Prospectus (Prospectus) on 22 November 2017 with the Australian Securities and Investment Commission (ASIC) and ASX Limited (ASX). The Prospectus invites investors to subscribe for fully paid ordinary shares (Shares) at an issue price of $1.32 per Share (Offer).  An electronic copy of the Prospectus is available on the P2P Transport website: https://p2ptransport.com.au/investors. The Prospectus is an important document that should be read in its entirety before deciding whether to participate in the Offer. If after reading the Prospectus, you have questions about the Offer, you should contact your stockbroker, accountant or other professional adviser. Applications for Shares under the Offer may only be made in accordance with the instructions set out in the Prospectus.

 

 

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