10th Nov 2014 07:00
10 November 2014
Haversham Holdings plc
("Haversham")
First Day of Dealings on AIM
Trading in the shares of Haversham (AIM: HAV) commences today on AIM, following the Placing of 25,000,000 shares at a price of 120p per share raising £30m before expenses. Cenkos Securities is nominated adviser and joint broker and Zeus Capital joint broker to the issue.
Haversham is a group formed by Avril Palmer-Baunack and Marwyn, the specialist investment management company, with the support of leading institutional investors, including Invesco, Artemis, Aviva and Schroders.
Haversham has been established, under the management of Avril Palmer-Baunack, (Executive Chairman), James Corsellis and Mark Brangstrup Watts, in order to acquire and develop substantial businesses in the UK and European automotive, support services, leasing, engineering or manufacturing sectors, targeting acquisitions with an enterprise value between £250 million and £1 billion.
The capital raise is to provide due diligence and operating capital prior to a subsequent acquisition.
Enquiries
Square1 Consulting (PR advisers) +44 (0)20 7929 5599
David Bick, Mark Longson
Cenkos Securities plc (Nominated adviser and joint broker) +44 (0)20 7397 8900
Ian Soanes, Callum Davidson
Zeus Capital Ltd (Joint broker) +44 (0)20 7533 7727
John Goold, Nick Cowles
Related Shares:
BCA