HaysMac is proud to announce its role as Reporting Accountant on the successful admission of Pathos Communications PLC to London Stock Exchange’s AIM, following a £20 million IPO. Pathos Communications, a technology-first public relations firm founded by media entrepreneur Omar Hamdi, raised over £5 million in its initial public offering, marking a significant milestone in its growth journey.
HaysMac provided comprehensive Reporting Accountant services, including financial and tax due diligence and audit of the historical financial information required for publication in Pathos Communications’ admission document, ensuring compliance with AIM regulatory requirements. Appointed during an advanced stage of the transaction, our team mobilised rapidly, working closely with the company’s nominated advisor, brokers and lawyers to maintain momentum and deliver an efficient and well-managed admission.
Omar Hamdi, CEO of Pathos Communications, said “HaysMac stands out amongst accountancy firms for being modern, communicative, pragmatic and professional – all essential when taking a growth company to an IPO! And they really understand our business, having advised many London-listed technology companies. Huge respect to Jon Dawson, Mike Crowson and the team.”
HaysMac’s Jon Dawson, Partner and Head of Sectors & Markets, congratulated Pathos Communications, its leadership team, and shareholders on this achievement: “Pathos Communications is a great example of a modern, technology-enabled business bringing real innovation to a traditional sector. We were delighted to support Omar and the wider team through the AIM admission process and to help them lay the foundations for their next phase of growth as a listed business. The transaction process mirrored the underlying culture of Pathos Communications – it was dynamic, fast-paced, efficient, enjoyable and ultimately highly successful. We look forward to continuing to support the business through its next phase of growth.”
