20 September 2016
London — Mayer Brown advised Investec Bank plc as Sole Sponsor, Financial Adviser, Bookrunner and Broker in relation to Hollywood Bowl Group plc’s ("Hollywood Bowl") initial public offering.
Hollywood Bowl’s shares are expected to be admitted to the premium segment of the Official List and to trading on the main market of the London Stock Exchange on 21 September 2016. The shares being sold by the selling shareholders will be priced at 160p per ordinary share, which implies an expected market capitalisation of £240 million on admission.
Hollywood Bowl is the UK’s largest ten-pin bowling operator, with a portfolio of 54 centres operating across the UK under the Hollywood Bowl, AMF and Bowlplex brands.
The Mayer Brown Corporate & Securities team was led by partner Kate Ball-Dodd and included senior associate Simon Allison and associate Harriet Hainsworth.