St Helen's Capital Plc, the leading PLUS (formerly Ofex) adviser, is pleased to announce a number of new appointments, strengthening both its Board and senior management. The Company is also pleased to announce that trading conditions remain buoyant.
HIGHLIGHTS
* Three new appointments - strengthening the Company's Board and senior management;
* Buoyant trading conditions - highlighted by a recently oversubscribed fundraising and two admissions on PLUS;
* Dealflow remains strong - with the Company currently involved in six fundraising transactions; and
* St Helen's now advises 27 PLUS - Quoted companies.
APPOINTMENTS
Leo Godsall has been appointed to the Board of St Helen's with effect from 01 August 2006. Leo joined St Helen's in January 2006 and has been involved in the development and management of private equity fund raisings, public offers for subscription, PIPE and PLUS transactions. Leo's experience is in providing advice and solutions for corporate finance, strategic risk and operational and risk management to well established businesses and smaller, rapidly growing companies.
Leo has previously worked for Equinox Securities Limited, Abbey Financial Markets and Nash Fitzwilliams Limited. In addition, he has run his own business, which focused on helping SMEs with strategic and business development and implementing operational management systems.
St Helen's is delighted to welcome Janet Peyton as Compliance Officer. Janet started her City career in 1987 when she joined the London Stock Exchange as a Regulatory Adviser. Janet has since worked at Ofex as Continuing Obligations Manager and as part of the Corporate Finance Department of J.M. Finn & Co Ltd. In addition to her role as Compliance Officer, she will be working closely with St. Helen's clients to provide advice on all continuing obligations issues.
In addition, the Company is delighted to announce that John Findlater has joined the St Helen's Sales Team as an Associate Director. John qualified as a chartered accountant in 1968 and has over 35 years' experience of research and analysis, specialising in smaller companies. John will have particular responsibility for developing relationships with VCT's and other institutional contacts.
TRADING UPDATE
St Helen's is pleased to announce that trading conditions remain buoyant and that the period since the end of June has been a busy one for the Company. It has recently completed a fundraising for an existing PLUS client - technology company ADP, raising GBP600,000 via an oversubscribed offer.
In addition, St. Helen's has successfully brought two further companies to PLUS: media company Avisis Plc and gaming investment company Netgames Holdings Ltd. This brings the total number of PLUS companies advised by St. Helen's to 27.
St. Helen's continues to benefit from strong market conditions and is currently involved in six fund raising transactions raising between GBP500,000 and GBP2.5m each; these are in a number of sectors including oil production & exploration, internet, media and medical devices.
Mark Warde-Norbury, St Helen's Chairman, said: "WE ARE DELIGHTED THAT OUR TEAM WILL BE GAINING SUCH A WEALTH OF EXPERIENCE WITH OUR NEW APPOINTMENTS. THE COMPANY WILL BENEFIT SIGNIFICANTLY FROM THE NEW ADDITIONS, WHOSE SKILL SETS WILL HELP ST HELEN'S TO BUILD ON THE STRONG MOMENTUM ACHIEVED IN GROWING ITS CLIENT BASE. WE ARE PROUD TO BE THE LEADING PLUS ADVISER AND LOOK FORWARD TO FURTHER CEMENTING THIS POSITION IN THE COMING MONTHS."
The Directors of the Issuer accept responsibility for this announcement
---ENDS---
ENQUIRIES:
ST HELEN'S CAPITAL PLC 020 7628 5582
Mark Warde-Norbury, Chairman
Barry Hocken, Chief Executive
www.sthelenscapital.com
BISHOPSGATE COMMUNICATIONS LTD. 020 7430 1600
Maxine Barnes
Nick Rome
www.bishopsgatecommunications.com
NOTES TO EDITORS
St Helen's Capital Plc is a FSA regulated, corporate advisory firm. It is the leading PLUS adviser and specialises in advising Small and Medium sized businesses (SMEs) on pre-IPO fund raisings and PLUS Introductions, which may be accompanied by capital raising through a Private Placing and/or an Offer for Subscription of new shares.
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