Alpha Financial Markets ... Share Discussion Threads

[flateric] 02/5/2008 07:34

I no longer hold this one. But new director.

________


Regulatory Announcement

Go to market news section

Company Arc Fund Management Holdings PLC
TIDM AFM
Headline Directorate Change
Released 07:00 02-May-08
Number 6284T



RNS Number:6284T
Arc Fund Management Holdings PLC
02 May 2008



For immediate release 28 April 2008

Arc Fund Management Holdings plc
("Arc" or the "Company")

Directorate Change

The Board of Arc (the "Board") is pleased to announce the appointment of Andrew
Stephen Wilson as Non-Executive Director with immediate effect.

The directorships held by Andrew Wilson, 48, in the previous five years are as
follows:

Current / Former

Watford Association Football Club Limited / Professional Staff Ltd
The Corporate Services Group PLC / Southern Cross Healthcare Holdings Ltd
Watford Leisure PLC / Ohsea Holdings Limited
Bankside Pubs Limited / P1 Hospitals Propco Limited
Digital Marketing Group Services Limited / PSX Equityco Limited
Strand Associates Limited / Wraith Limited
Global Health Partner PLC / Global Health Partner UK Ltd
London Town plc / Jolie Investments Limited
Retail Merchant Group Limited / Thomas Rivers Limited
Access Hire Nationwide Limited / Capio Healthcare Limited
Seashell Group Limited / Bawley Associates Limited

There is no further information to be disclosed under the AIM Rules for
Companies.

ENDS


For further information please contact:-

Arc Fund Management Holdings plc 020 7623 3345
Christopher Rowe, Chief Executive
Officer
John Gracey, Finance Director

Beaumont Cornish Limited 0207 628 3396
Roland Cornish

Fiske plc 0207 448 4700
Clive Harrison

Bankside Consultants
Simon Astley 020 7367 8888
Mobile: [phone]




This information is provided by RNS
The company news service from the London Stock Exchange

END

[dell314] 29/4/2008 09:48

Jak - cheers. I'll have a more careful read of the dateline prospectus at some stage, although I'd personally rather buy a bag of landfill garbage than actually invest in it.

I'm just intrigued as to what has happened to Dateline between buying it from YOO for £250k and attempting to flog off a portion of it to PIs at a pro rata valuation of £3.5mln(14 times larger!!). Has there been any activity to justify the incredible mark up?

Rgds
dell

All IMHO, DYOR etc.

[dell314] 29/4/2008 09:28

Does anyone here buy the stocks that AFM floats?

I had a quick scan(very quick, so it's possible I may have missed something obvious!) of the Dateline prospectus and as far as I can see the total number of shares in issue is the same as when it was purchased from YOO for £250k, so was the proposed fundraising aborted? If that's the case, how do they justify flogging stock to PIs at a pro rata valuation of over £3.5mln when it appears to be in a similar state to when it was purchased from YOO? Can anyone answer this without using the words greedy and rip off?

Rgds
dell

All IMHO, DYOR etc.

[flateric] 18/2/2008 15:20

Arc Fund Management Holdings PLC
18 February 2008




For immediate release 18 February 2008

Arc Fund Management Holdings plc
("Arc" or the "Company")

Holdings in the Company/Directorate Change


The Board of Arc (the "Board") announces that it was informed on 8 February 2008
that City of London Group plc holds the total voting rights attaching to
15,875,000 Ordinary Shares of 0.5p in the share capital of the Company
representing 12.01% of the total voting rights in the Company.

In addition, the Board was informed on 28 January 2008 that Mr Leigh Hornby
holds the total voting rights attaching to 4,286,547 Ordinary Shares of 0.5p in
the share capital of the Company representing 3.24% of the total voting rights
in the Company.

In addition, the Board was informed on 28 January 2008 that Mr Gary Richardson
holds the total voting rights attaching to 4,286,547 Ordinary Shares of 0.5p in
the share capital of the Company representing 3.24% of the total voting rights
in the Company.

In addition, the Board was informed on 10 January 2008 that Mr Stuart Kinner
ceased to have total voting rights of more than 3% in the Company.

The Board also announces the resignation of Stephen Hadley from the Board with
effect from 15 February 2008. Mr Hadley will continue to play an important role
in the management of the Arc group but will concentrate on the development of
its wealth management division.


ENDS

[rj allen] 12/2/2008 17:59

15.000.000 shares traded Feb 6th at 6.0p

[topvest] 09/2/2008 14:37

Looks like City of London Group bought their shares at 6p each.

[flateric] 08/2/2008 07:23

For anyone interested...


For Immediate Release 8 February 2008


ARC FUND MANAGEMENT HOLDINGS PLC

CITY OF LONDON GROUP PLC TAKES 12% STAKE


Arc Fund Management Holdings plc ("Arc" or "the Company"; AIM: AFM), the
expanding investment management boutique, is pleased to announce that City of
London Group has bought 15,875,000 existing Ordinary Shares in the Company
representing 12% of Arc's issued share capital.

Arc, the AIM-listed investment management and financial advisory company, has
£410m under management/advice. In December 2007 it announced a £3million placing including an investment of £2.1million by Mayfair Limited a company controlled by Lord Ashcroft and last month it acquired Independent Investment Associates Limited ("IIA"), an independent financial advisory company based in Cumbria, with some £150m funds under advice.


Christopher Rowe, Arc's Chief Executive, commented

"Arc is delighted to have the support of the City of London Group and, of
course, Lord Ashcroft over such a short period of time. The Board believes this
is a clear indication of the potential of the business and its business plan.

As previously stated, we will grow the Group, both in the UK and overseas,
through both the application of internal expertise and by making a series of
strategic acquisitions."

[flateric] 28/1/2008 07:14

The £1m is shares was at 11.66p.

[flateric] 28/1/2008 07:12

Company Arc Fund Management Holdings PLC
TIDM AFM
Headline Acquisition of IIA
Released 07:00 28-Jan-08
Number 6246M



RNS Number:6246M
Arc Fund Management Holdings PLC
28 January 2008







For Immediate Release 28 January 2008



ARC FUND MANAGEMENT HOLDINGS PLC


ACQUIRES INDEPENDENT INVESTMENT ASSOCIATES LIMITED ("IIA")


AND ANNOUNCES SHAREHOLDER CHANGES


Arc Fund Management Holdings plc ("Arc" or "the Company"; AIM: AFM), the niche
investment management boutique, is pleased to announce the acquisition of
Independent Investment Associates Limited ("IIA"). The purchase of the entire
issued share capital of IIA, an independent financial advisory company based in
Grange over Sands, Cumbria has completed for consideration amounting to
£2,100,000, being £1,100,000 in cash and £1,000,000 in shares (through the issue
of 8,573,094 new Ordinary Shares of 0.5p), together with deferred consideration,
payable subject to the achievement of certain performance targets by IIA,
amounting to a maximum of £200,000.


IIA has estimated funds under advice of £150m and its normalised earnings for
the year to 31 December 2006 amounted to £397,000 on turnover of £735,000 and,
at that date, showed net assets of £101,000.


The transaction is earnings enhancing for Arc and represents a further step in
the development of the Group's wealth management division. As a result of the
transaction Arc will have £410m of funds under management/advice.


A total of 8,573,094 new Ordinary Shares, ranking pari passu with the existing
Ordinary Shares of the Company, were issued today. Application will be made to
the London Stock Exchange for the Ordinary Shares to be admitted to trading on
AIM, and trading is expected to commence on 31 January 2008.


Renwick Haddow, a former director and a major shareholder of the Company has
advised the Board that on 25 January 2008 he disposed of 21,021,135 shares in
the Company to independent third parties representing 17% of the Company's
issued share capital. After this disposal and the acquisition of IIA he will own
6.03% of the Company.


John Gracey, Arc's Finance Director , commented


"This acquisition is another step forward in the growth of Arc's wealth
management division which was established through the acquisition of Throgmorton
Asset Management in the last quarter of 2007. It is our intention to increase
our coverage of the UK during 2008 through further acquisitions.


For the Group, the purchase of IIA is earnings enhancing, improves the quality
of our earnings and significantly increases funds under advice to £410m".





For further information please contact:-

Arc Fund Management Holdings plc 020 7623 3345
John Gracey, Finance Director
Christopher Rowe, Chief Executive
Officer

Beaumont Cornish Limited 0207 628 3396
Roland Cornish

Fiske plc 0207 448 4700
Clive Harrison

Bankside Consultants
Simon Astley 020 7367 8888
Mobile: [phone]

[flateric] 08/12/2007 00:01

If they do £1.8m they are on a 10. That's not too bad. I'm out of this one now, by the way.

[dave-w] 07/12/2007 18:56

£1m=0.8p per share = prospective p/e 16 if my poor mathematics is right. Not much of a recipe for a significant price rise it seems. Think I'll put this on my watch list for the time being.
Thanks for your comments flateric.

[flateric] 07/12/2007 14:39

I'm not sure that Ashcroft will be an overhang, but the 11p buyers via brokers may wish to take 2p or 3p profit if the share price does rise. However, if the company makes just £1m you can work the figures out yourself. I suggest u call the company and ask if they'll be near their forecasts of £2m. they'll say they didn't forecast as much as that, but they're doing ok. That's what my mate was told. Crafty way of getting a rough idea.

[dave-w] 07/12/2007 14:03

Wills and Co was the one that called.

[flateric] 07/12/2007 13:27

Who's your broker, dave?

[dave-w] 07/12/2007 13:21

That all adds up to one helluva lot of potential profit taking before this share goes anywhere, methinks. My broker came up with a strong 'buy' rec this morning. I suspect he might well have acquired a goodly slug of the Fiske placing!

[flateric] 09/11/2007 09:28

Moved cash elsewhere now. I sense more dilution on its way. Not sure why, but anything said is always about acquisitions.

[flateric] 11/10/2007 15:43

Director buying at 13.75p.

"The Company was informed yesterday by Sir William Wells, Chairman, that on 21
September and 9 October 2007 he acquired a total of 100,000 ordinary shares of
0.5p in the Company at an average price of 13.75p through a company of which he is the beneficial owner. As a result of this transaction, Sir William now owns 954,701 shares in the Company, or 1.07% of the issued share capital."

[flateric] 25/9/2007 14:11

My chart shows action as well. Snapshot below. I don't normally go for AIM stocks' indications, as they are so illiquid, but this one has all the indications of a rise.

[flateric] 25/9/2007 07:31

Looks like we're on the way back up. I'm buying a little more at these levels. Check out yesterday's volume.