Corporate partner Richard Spedding is advising Canaccord Genuity on the £170m IPO of Patisserie Holdings plc (the "Company"), announced on 14 May. Canaccord Genuity is acting as financial adviser, nominated adviser and broker to the Company.

The Company heads a leading UK branded café and casual dining group. It operates under the following five differentiated brands across England and Scotland:

· Patisserie Valerie;

· Druckers - Vienna Patisserie;

· Philpotts;

· Baker & Spice; and

· Flour Power City Bakery.

The Company will effect its initial public offering by way of a conditional placing of new and existing ordinary shares with institutional and other investors. Based on the placing price, the market capitalisation of the Company will be £170 million on admission to trading on the AIM Market of the London Stock Exchange becoming effective.

Admission and the commencement of unconditional dealings are expected to take place at 8.00a.m. on 19 May 2014.