Case studies: Reporting accountants

Randall & Quilter Investment Holdings plc

Littlejohn acted as reporting accountants on the admission of Randall & Quilter Investment Holdings plc to AIM in December 2007.

Randall & Quilter Investment Holdings plc operates in the non-life run-off insurance sector, with operations in the UK, Europe and North America. The company floated on AIM with a market capitalisation of £70 million, raising £17 million of new money to further develop the group.

Scientific Digital Imaging plc

Scientific Digital Imaging plc was admitted to AIM in December 2008 with a market capitalisation of £2million. Littlejohn acted as reporting accountants, working closely with the management team to achieve the completion of the transaction on schedule.

Scientific Digital Imaging plc is focused on the application of digital imaging technology to the needs of the scientific community. Its principal subsidiary is Synoptics, which designs and manufactures special purpose instruments for use in the life sciences, supplying customers in the academic and research sectors.

Rule 3 advice

Broca plc

Littlejohn acted as advisers to Broca plc under Rule 3 of the City Code on Takeovers and Mergers on its acquisition by 2ergo Group plc. This involved giving independent advice to the directors of Broca plc on the acquisition, which was effected by means of a scheme of arrangement in April 2009.

Broca plc's business is the development and exploitation of technology with the intention of enabling m-commerce to be carried out securely via digital services. 2ergo Group plc is a leading provider of integrated and converged mobile products and services.