Blog

05
Feb

AIM stock market rivals join forces

AIM stock market listed engineering recruiter Matchtech has agreed to acquire rival AIM stock market listed recruiter Networkers International plc. Established in 1984 and AIM listed in 2006,  Matchtech have become one of the UK’s top specialist recruitment companies with revenue in excess of £450m. The boards of both companies agreed engineering specialist Matchtech could acquire telecoms- and technology-focused Networkers for 34p per share in cash plus Matchtech shares, which values Networkers at £57.9m and 67.4p per share on a fully diluted basis. Commenting, John Holland from Holland Bendelow said ‘‘The purchase of Networkers International plc scales up Matchtech in the UK ...

16
Dec

The latest Chinese business to choose the AIM Stock Exchange as its investment platform is JQW the e-commerce firm who are rivals with the well-known Alibaba. The business which was setup as an online venture to assist small businesses in China target a more global audience made the decision to join London’s junior stock market when it came to launching its own growth efforts. 'The Chinese B2B e-commerce industry is rapidly growing, with reports forecasting transaction values on e-commerce platforms to experience double digit growth over the coming years’, commented Yongde Cai, chairman of JQW. The flotation saw the firm raise £6.7 ...

11
Dec

Advisors on The London stock markets are bracing themselves for what promises to be the busiest time in the past 6 years for new company flotations. John Holland Managing Director of Holland Bendelow says ‘the noticeable increase in new listings on the UK stock markets over recent months is very welcome and there appears to be momentum behind the recent increase flotation activity’ Planning is key – However he expresses caution about companies rushing head first into a stock market flotaion. ‘It is extremely important that the management of companies considering a flotation allocate sufficient time to plan for flotation. The process itself ...

09
Dec

Flotation highlights Residential lettings agency Martin & Co has confirmed its intention to join AIM, and becomes the latest real estate firm to float. The company, which manages 30,000 properties across over 100 franchise offices, plans to raise £4m from a flotation on Aim on 18 December. The flotation enables the company’s founders to partially exit their stakes in the company. Martin & Co is set to round off a strong year for property floats that has seen Countrywide, Crest Nicholson and Foxtons join the market Key results AstraZeneca European Commission Approval. The European Commission has granted marketing authorisation for Fluenz Tetra, the first ...