Company Announcements

Update on acquisition of Stockdale Securities

Source: RNS
RNS Number : 0949T
Shore Capital Group Limited
18 March 2019

Shore Capital Group Limited



Update on acquisition of Stockdale Securities


Shore Capital is pleased to announce that, further to its statement on 13 February in relation to the acquisition of Stockdale Securities Limited (the "Acquisition"), the Financial Conduct Authority (FCA) has approved the change of control of Stockdale Securities Limited resulting from the Acquisition.


Consequently, completion of the Acquisition is expected to take place at the end of March 2019.


- Ends -



Shore Capital

Simon Fine, Co-Chief Executive

David Kaye, Co-Chief Executive


+44 (0)20 7408 4090

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

+44 (0)20 7383 5100



About Shore Capital


Shore Capital is an AIM quoted independent investment group. Founded and majority owned by entrepreneurs, for three decades Shore Capital has been helping entrepreneurial businesses reach their full potential, find committed long-term investors and develop into significant enterprises. The business offers innovative corporate advice; a leading market making business; some of the most respected investment research available in the UK; and a diverse range of high-quality investment opportunities, including its hugely successful VCTs and principal finance activities.


The Group is based in Guernsey, London, Liverpool, Edinburgh and Berlin. Shore Capital Stockbrokers Limited, Shore Capital and Corporate Limited, Shore Capital Limited and Puma Investment Management Limited are each authorised and regulated by the Financial Conduct Authority. Shore Capital Stockbrokers Limited is a member of the London Stock Exchange. 


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