Placings

Improve Access for Retail Shareholders

Give Growing Companies Better Access to Retail Shareholders to Boost the UK Economy ShareSoc News Item by Mike Dennis, Director A recent survey1 of ShareSoc members was undertaken in conjunction with Aquis Stock Exchange (AQSE) and it has revealed that many individual investors do not feel they have good, equal access to growth stocks. Key findings of the survey1 55% of individual investors polled feel they don’t have, or aren’t sure they have, good access to growth companies Over 80% of respondents feel individual ...

Investors Chronicle, 18 Dec 2020, ShareSoc mentioned in 2 articles

Investors Chronicle (read by 30,000 subscribers ) has just given us two lovely name checks. This highlights the way that ShareSoc is increasingly seen as a powerful shareholder campaigning organisation and the source of reliable information about markets. https://www.investorschronicle.co.uk/news/2020/12/18/putting-the-public-back-into-public-markets-or-at-least-trying/ https://www.investorschronicle.co.uk/news/2020/12/18/an-alternative-outlook-in-the-plague-year/ The former article comes from the hard work we did establishing links with Primary Bid, which is, some months later, being reflected in press coverage. The article, written by James Dean, CEO of Primary Bid, explains the progress with getting access to placings for ...

Invinity Open Offer, Ideagen, and AJ Bell Results

I have recently taken a strong interest in those shares that are involved in electrification of the world. It’s not just the UK Prime Minister who wants to save the world from global warming and air pollution with Joe Biden likely to be much more environmentally conscious than Donald Trump. Those companies or trusts that are involved in alternative energy sources such as wind and solar, and systems to manage the fluctuations they impose on the grid, are of particular interest. One ...

Continued strong fundraising activity on AIM

Allenby Capital, whose CEO Nick Naylor spoke at ShareSoc's Investing Masterclass on Remuneration, have just issued their quarterly update which shows the way the AIM market continues to help companies requiring capital. AIM is playing an important role in these difficult Covid times, writes ShareSoc Director Cliff Weight. Key points in the report: AIM continued its strong fundraising performance in Q3 2020. By the end of September, the total funds raised year to date of £4,085m had already surpassed the £3,997m raised ...

Laggard Hugely Disappointing That ImmuPharma Excludes Individuals From Placing

I have been an investor, supporter and follower of ImmuPharma. So I was appalled to read that ImmuPharma (LSE:IMM) has raised £6.5 million, before expenses, via an oversubscribed placing of 59,090,909 new ordinary shares at a price of 11p per share. There was no Primary Bid offer and no notification to investors who hold their shares via nominee of this placing nor any invitation for them to share in the spoils. The placing was at 11p and the share price this morning ...

www.allinvestorsmatter.co.uk – Access to fund raises

Please sign the petition, asking issuers to include retail investors when issuing shares, if you have not already done so. See www.allinvestorsmatter.co.uk The petition already has over 1,000 signatures. Signatories include: Mark Northway, Chairman, ShareSoc Lord Lee of Trafford DL FCA House of Lords Adam McConkey, Chairman, Quoted Companies Alliance Sarah Wilson, CEO, Minerva Analytics Ltd Andy Bell, Founder & CEO AJ Bell Peter Hargreaves, Founder Hargreaves Lansdown Paul Killik, Senior Executive Officer, Killik & Co Gavin Oldham OBE, Chairman Share plc/The Share Centre  ...

An Urgent Call to Include Individual Shareholders in New Issues – Sign Now!

Treat all shareholders fairly. There is no need to ignore individual shareholders in raising funds. Sign the petition now https://allinvestorsmatter.co.uk The Times reported today 20 April 2020 our letter (see https://allinvestorsmatter.co.uk/) which was co-signed by Mark Northway, Chairman of ShareSoc, our Patron Lord Lee (John Lee) , PrimaryBid and an impressive list of industry heavyweights. We have been working closely with PrimaryBid on this initiative. The Times article is here: https://www.thetimes.co.uk/article/city-chiefs-demand-fair-shares-for-equity-raises-hr9fhzzb8 This is an urgent call for UK PLCs, industry bodies, regulators, investors, ...

Profit Warnings at XP Power and Ted Baker, plus Mercia Placing

A number of profit warnings this morning. The most interesting to me was at XP Power (XPP) although I do not hold it. It was interesting because as a...

Hornby, BHP Billiton, Pan African, and Share Radio

A few items of miscellaneous news worthy of comment: Investor Alexander Anton has launched a campaign to have Chairman Roger Canham removed from the board of Hornby (HRN) and get himself appointed as director. A requisition for a General Meeting of the company has been submitted accordingly. Hornby, the maker of train sets and toys, has had a poor financial performance in recent years with production difficulties, consistent losses, and a turnaround plan that is not obviously working. Mr Anton was ...

Share issues – And An Interesting Rule

Spring is in the air, and companies are clearly in a mood to raise cash. A lot of these have been share placings but the reasons given have been...