Following a positive trading update, finnCap has made an interesting move
into a fast-growing advisory market, taking a 50% interest in Energise, a Net
Zero and sustainability consultancy. The £2.1m consideration comprises
£1.9m cash and 902,090 new finnCap shares. The shares will be admitted on
or before 29 April, after which finnCap will have 180,818,177 shares in issue.
Of the shares issued, 50% are subject to a 12-month lock-up and 50% to a
24-month lock-up. The impact of the investmen ....
28 Apr 2022
Investment in a high-growth advisory market
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Investment in a high-growth advisory market
Cavendish Financial PLC (CAV:LON) | 10.4 -0.1 (-4.6%) | Mkt Cap: 40.0m
- Published:
28 Apr 2022 -
Author:
Mike Trippitt -
Pages:
3
Following a positive trading update, finnCap has made an interesting move
into a fast-growing advisory market, taking a 50% interest in Energise, a Net
Zero and sustainability consultancy. The £2.1m consideration comprises
£1.9m cash and 902,090 new finnCap shares. The shares will be admitted on
or before 29 April, after which finnCap will have 180,818,177 shares in issue.
Of the shares issued, 50% are subject to a 12-month lock-up and 50% to a
24-month lock-up. The impact of the investmen ....