Response to media speculationSource: RNS
Shore Capital Group Limited
("Shore Capital" or the "Company")
Response to media speculation
Shore Capital, the independent investment group specialising in capital markets, fund management and principal finance notes the recent media speculation regarding the potential acquisition by Shore Capital Markets of Stockdale Securities Limited.
The Company confirms that Shore Capital Markets is in discussions regarding a potential acquisition of Stockdale Securities Limited. There can be no certainty that a transaction will be concluded and a further announcement, as appropriate, will be made in due course.
The information contained within this announcement is deemed to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.
- Ends -
Simon Fine, Co-Chief Executive
David Kaye, Co-Chief Executive
+44 (0)20 7468 7911
Grant Thornton UK LLP (Nominated Adviser)
+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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact firstname.lastname@example.org or visit www.rns.com.