15th Apr 2011 17:00
NBNK Investments Plc
("NBNK" or "the Company")
Appointment of adviser
NBNK Investments plc (AIM: NBNK) announces that it has appointed UBS Limited to act as lead financial adviser to the Company to act alongside Cenkos Securities plc (Nominated adviser and broker) and Kinmont Limited (Financial adviser).
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For further information contact:
Cenkos Securities plc (Nominated adviser and broker) Ian Soanes Ivonne Cantu
| +44 20 7397 8900
|
UBS Limited (Lead financial adviser) Patrick Porritt
| +44 20 7568 8000
|
Kinmont (Financial adviser) James Local
| +44 20 7087 9100
|
Pelham Bell Pottinger Olly Scott | +44 20 7861 3232
|
About NBNK Investments
NBNK has been established to take advantage of the opportunity which exists in the UK banking and savings market to build (primarily through acquisition) a new and substantial UK bank focused on the retail and corporate SME markets. The Company has been founded by Lord Levene and a group of senior business figures, supported by a number of institutional shareholders. NBNK will focus on the UK market only, initially just in the retail banking and small and medium enterprise (SME) areas but, over time, it intends to expand into wealth management.
As a quoted entity, the Company will aim to offer investors exposure to UK retail banking through a legacy-free, focused investment in UK banking and savings. The Company does not intend to be active in areas such as wholesale, international or investment banking.
www.nbnkinvestmentsplc.co.uk
Related Shares:
NBNK.L