12th Sep 2008 07:00
Embargoed: 0700hrs, 12 September 2008
Cape PLC("Cape")
Appointment of Advisers
Cape PLC (AIM: CIU), the international provider of essential support services to the energy and natural resources sectors, is pleased to announce the appointment of new corporate advisers.
Merrill Lynch International has been appointed as Financial Adviser and Joint Broker to Cape with immediate effect, together with Numis Securities Limited, who will immediately become Nominated Adviser and Joint Broker to the Company.
M: Communications has been appointed as Financial Public Relations advisers to Cape.
Chief Executive of Cape PLC, Martin May, commented,
"We are confident that the line up of advisers we have announced today puts the right team in place to assist Cape in our ambitious plans to increase both the scale of our business and the breadth of our offering."
Interim Results
Cape will publish interim results for the six months ended 30 June 2008 on Monday, 22 September. An analyst presentation will be held at 09.30hrs at the offices of:
Berwin Leighton Paisner LLP
Adelaide House
London Bridge
London EC4R 9HA
Enquiries:
Cape PLC
Martin K May, Chief Executive Officer
Jeremy Rhodes, Group Company Secretary
Tel. +44 (0)20 3178 5380
Merrill Lynch International
Andrew Tusa, Director Corporate Broking Europe
Tel. +44 (0)20 7628 1000
Numis Securities Limited
Nominated Adviser: John Harrison, Managing Director Corporate Finance
Corporate Broker: James Serjeant, Director Corporate Broking
Tel. +44 (0)20 7260 1000
M: Communications
Patrick d'Ancona or Ben Simons
Tel. +44 (0)20 7153 1530
Notes to Editors
Cape, which is listed on AIM (CIU), specialises in the provision of access scaffolding, insulation, fire protection, specialist cleaning and other essential services throughout asset life-cycles for major industrial clients in the international energy and natural resources sectors
Cape employs c.14,000 people in 30 countries worldwide with its four main markets being the UK, Gulf/Middle East, Former CIS States and Sakhalin Island and the Far East/ Pacific Rim
In the year ended 31 December 2007, Cape reported turnover of £428.8 million
Cape is also set to benefit from several acquisitions completed in 2007, especially in the important Australasian region where three companies with an annualised turnover of c. £125 million have been acquired
Related Shares:
CIU.L