STJ Advisors acted as independent advisor to Charterhouse on its successful c. £106m placing of shares in Card Factory plc, UK’s London-listed and leading specialist retailer of greeting cards. The sale (representing c. 11.7% of the company) was completed in an agency private placement to Invesco, a tier 1 UK long-only institution, at an extremely unusual 5% premium to market price. The sale was very well received with the share price trading up 3.4% after one week. Charterhouse holds a remaining 29% stake in the Company. STJ had successfully advised Charterhouse on its £297m IPO of Card Factory in May 2014.