Clerkenwell Ventures Share Discussion Threads

[dovegin] 30/3/2005 09:18

mention in mail today, possibility of CV for David Lloyds- a big one if it came off.

[mach10] 10/2/2005 22:08

Funny, The Sunday Express almost two weeks ago said they were close to making an acquisition in the health sector worth between £100m and £200m.

[dovegin] 10/2/2005 10:59

DID NOT LIKE PAGE IN Mail over weekend, would not want to be rushed to do a deal before October 2005 !

[snailey] 21/12/2004 10:14

David Page, non-executive Chairman of Clerkenwell Ventures, said:

"This placing positions Clerkenwell Ventures to generate attractive returns to
its shareholders through a subsequent acquisition. We have identified a number
of potential targets in the leisure sector, although discussions are clearly at
an early stage."

How long is a piece of string?

Doc Martins

[snailey] 13/12/2004 20:02

Lets hope the Director's have taken note that there seem to be more & more sellers of this stock, on a daily basis.

I do hope that the rot does not spread.

Doc Martins

[currypasty] 13/12/2004 14:28

placing price 7p, ask price 9,

[snailey] 10/12/2004 23:33

Quote:
If nothing is announced in the very near future, I can see these going down below the present spread of 8 / 9.5 pence. Lets hope this does not happen.

Unfortunately, I was right; mm's are getting fed up with the waiting. The price has slipped yet again!!!

The 'rot' is going to spread, unless something drastic happens.

Doc. Martins

[dovegin] 29/11/2004 12:18

FTB - also waiting for the first deals

[fromtheblue] 29/11/2004 12:09

Activity at last. 1 million Broker trade above mid and 1 million roll-over. Added a few more this morning as looks like something going on here. This cash shell was set up with particular targets in mind, so expect some action soon

[snailey] 22/11/2004 20:25

Good Luck to you, "From the Blue".

Let's hope you are right. At present there is nothing to monitor, bearing in mind that no trades are going through.I too, have some shares, but will not hold them too long, now.

Look at Alltrue Investments. At present, the market is riddled with 'Cash Shells'. Remember the days of the "Tech Boom", when companies turned into cash shells!!

[snailey] 15/11/2004 16:30

CRK, not a promising start. No acquisition news.
Rewmember Alltrue Investments, MM's seem to have got fed up waiting for news of an acquisition. Loook like CRK is going along the same route.

If nothing is announced in the very near future, I can see these going down below the present spread of 8 / 9.5 pence. Lets hope this does not happen.

[fromtheblue] 10/11/2004 17:35

After picking up thousands of shares in AUG before their suspension re reverse takeover, this also looks fairly promising. Started off with 75000 shares today. Will monitor these and hopefully pick up some more before any deal takes these out of circulation

[currypasty] 31/10/2004 17:40

Investors should keep an eye out for David Page's name next week too. The man who set up the PizzaExpress chain, and more recently Clapham House, will float a new business vehicle on 27 October. It is to be called Clerkenwell Ventures and Seymour Pierce is putting the finishing touches to a £4m fundraising for the company, which will start life as a cash shell on the hunt for deals.

We all know lots about PizzaExpress, but Mr Page has also enjoyed great success with Clapham House, owner of the Real Greek Souvlaki & Bar and Bombay Bicycle Club chains in London.

Clerkenwell Ventures does not aim to build another restaurant group, we are told. Nor does it want to set up a chain of bars. But we are assured that it will be doing business in the leisure sector, where Mr Page feels most at home





CURRYPASTY - 26 Oct'04 - 16:28 - 1 of 1 edit


Page to float new leisure business

David Page, chair of The Clapham House restaurant group and the founder of the PizzaExpress chain, is to float a new business next week.

The company, Clerkenwell Ventures, will look for acquisition possibilities within the leisure industry, though it is not expected to be another restaurant group.

Clerkenwell Ventures' George Jones told Leisure Opportunities that the new company was being set up because Clapham House had been offered many interesting opportunities that it couldn't follow up as they were outside the restaurant sector.

The company is thought to have its first acquisition in the pipeline though details have yet to be revealed.

Clapham House Group owns the Real Greek and Bombay Bicycle Club brands and is rolling both concepts out, while a third acquisition is also currently under negotiation.







AIM
22 October 2004


ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION
IN ACCORDANCE WITH AIM RULE 2


ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME: CLERKENWELL VENTURES PLC

COMPANY ADDRESS: 85 CLERKENWELL ROAD, LONDON

COMPANY POSTCODE: EC1R 5AR

COUNTRY OF INCORPORATION: UK

COMPANY BUSINESS: INVESTING COMPANY FORMED TO ACQUIRE BUSINESSES IN THE LEISURE
SECTOR

The Company will seek to acquire retail leisure businesses and the Directors
will have regard, amongst others, to the following criteria in assessing
potential acquisitions:

• the businesses should have the potential for rapid growth and above average
cashflow and dividend yield;

• strong operational management, capable of forming the executive board of
the Company; and

• a proven business model with attractive returns on capital invested.

The Directors have many years of experience in the leisure sector and will use
this experience and their contacts to identify and assess potential targets for
acquisition.

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares,
nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares): 68,911,145 ORDINARY SHARES OF 1P EACH

CAPITAL TO BE RAISED ON ADMISSION: £3.9 million

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

DAVID MICHAEL PAGE - NON-EXECUTIVE CHAIRMAN
THOMAS KELLY QUIGLEY-NON-EXECUTIVE DIRECTOR
PAUL ADAM CAMPBELL-NON-EXECUTIVE DIRECTOR

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL STATING WHETHER BEFORE OR AFTER
ADMISSION:

DAVID MICHAEL PAGE - 4.47% AFTER ADMISSION
THOMAS KELLY QUIGLEY- 2.32% AFTER ADMISSION
PAUL ADAM CAMPBELL- 3.05% AFTER ADMISSION

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE
2, PARAGRAPH (G) OF THE AIM RULES:
ANTICIPATED ACCOUNTING REFERENCE DATE: 31 MAY

EXPECTED ADMISSION DATE: 29 OCTOBER 2004

NAME AND ADDRESS OF NOMINATED ADVISER:

SEYMOUR PIERCE LIMITED, BUCKLERSBURY HOUSE, 3 QUEEN VICTORIA STREET, LONDON EC4N
8EL

NAME AND ADDRESS OF BROKER:


SEYMOUR PIERCE LIMITED, BUCKLERSBURY HOUSE, 3 QUEEN VICTORIA STREET, LONDON EC4N
8EL

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE
AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE
APPLICANT AND THE ADMISSION OF ITS SECURITIES:

SEYMOUR PIERCE LIMITED, BUCKLERSBURY HOUSE, 3 QUEEN VICTORIA STREET, LONDON EC4N
8EL

DATE OF NOTIFICATION: 22 OCTOBER 2004

[currypasty] 31/10/2004 17:38

29 October 2004 CLERKENWELL VENTURES ANNOUNCES DETAILS OF #3.9 MILLION SHARE PLACING AND ADMISSION TO AIM

Highlights:
- Placing price: 7 pence per share
- Number of Placing Shares to be issued: 55,714,286
- Number of Ordinary Shares in issue on Admission: 68,911,145
- Market capitalisation following the Placing at the Placing Price: #4.8 million
- Strong institutional investor base

Clerkenwell Ventures' strategy is to acquire established, high-growth businesses
of scale in the leisure sector which have been and can be expanded by organic
growth and/or acquisition.

The Company has a very experienced and ambitious management team who have a number of potential targets under review across the leisure sector. However, it
is anticipated that any acquisition will have its own dedicated and experienced
executive board.

David Page, non-executive Chairman, is the former CEO of PizzaExpress PLC, who over 10 years grew the company from 23 to more than 350 company restaurants.
David co-founded and is Chairman of Clapham House Group, a restaurants company which floated on AIM in November 2003.

Tom Quigley, non-executive director, is a Chartered Accountant and former
Managing Director of Close Brothers Corporate Finance. He is a Managing Director
of ING Corporate Finance and head of the leisure, hospitality and retail sector
team.

Paul Campbell, non-executive director, is a Chartered Accountant and a former
director of Kunick and CEO of Relaxion, where he was a member of the management
team that grew the leisure management business from 10 to 110 sites. He is a
former Finance Director of PizzaExpress PLC and he is currently chief executive
of Clapham House Group.

The Directors and their families have all invested in the business and a small
group of anchor investors predominantly from the leisure industry have in total
invested more than #450,000.

latest news
Clerkenwell Ventures PLC said it has raised 25.6 mln stg, gross of expenses, om a placing of 341.3 mln shares at 7.5 pence each and that it is actively pursuing a number of acquisition targets in the leisure sector.
The company, which acquires, develops and operates leisure businesses, also
said it plans to consolidate its share capital at a ratio of 5 to 1 on September
11 and that it expects the total number of shares after consolidation to be 82.4
mln.

[jedi trader] 09/7/2004 12:57

yes im sure he is losing sleep at night at the thought of being beaten up with the fsa's feather duster.

[sniffer333] 09/7/2004 12:56

I bet AG is shaking in his boots at the thought of the FSA coming after him with their handbags....

[carchase] 06/7/2004 21:07

"A real leader faces the music even if he does not like the tune."

QUOTE TAKEN FROM THE GARNER INTERNATIONAL WEBSITE.

[jedi trader] 06/7/2004 17:15

thats it! you get the idea.

[exotic] 06/7/2004 17:09

5. repeat steps 4 and 5.

[jedi trader] 06/7/2004 17:05

How to shaft a comany share price by Andrew Garner...

1. Do a placement immediatley before fy results so i you are unable to take advantage of a higher support level price and parctically give the shares away.

2. After doing placement do another straight away but this time give the shares away at less than half the market value price so as to really hammer the share price.

3. tell all your mates before so they short it and pay for this years trip to the carribean.

4. repeat steps 1, 2 and 3.

[exotic] 06/7/2004 16:47

My teachers told me work was how you made money. Then someone told me work is for mugs, invest in the companies and cream the worker's profits is the way to get rich. AG has taught me both are for mugs. The real way to get rich is become director of a listed company. Live a life of luxury while the mugs sustain you, never answer the phone or tell the mugs anything because after all they are mugs and will still keep giving you their cash no matter how you treat them.

[jedi trader] 06/7/2004 16:42

perhaps she's potty and will still be laughing when the administrators seize all the assets and walk out of the building with her chair while she is still sat on it.