St Helen's Capital Plc, the small-cap focussed institutional stock broker and financial adviser, is pleased to announce that it has acted as joint broker to AIM listed Tanfield Group Plc on an institutional placing raising GBP115 million. The fund raising was conducted by the St Helen's Institutional Broking team led by Sebastian Wykeham.
Ruari McGirr, Chief Executive of St Helen's said, "Following our recent restructuring, we are rapidly building a strong presence in the small cap institutional broking arena. We have an experienced team in place which has demonstrated its ability through its participation in the Tanfield fundraising. We have an aggressive and focused growth strategy and are currently working on a variety of interesting opportunities which I believe will underpin our strategy and solidify our position in this market."
The Tanfield placing is conditional upon, inter alia, the passing of a special resolution at an EGM to be held on 23 July 2007. The proceeds of the fundraising will allow Tanfield to complete a major acquisition and further develop their businesses.
The Directors of St Helen's Capital Plc accepts responsibility for this announcement.
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For further information visit www.sthelenscapital.com or contact:
St. Helen's Capital Plc
Ruari McGirr
Tel: 020 7628 5582 |