Equity Special Situations Share Discussion Threads

[castleford tiger] 13/6/2008 19:04

Hi

looking at this via EQUITY IPO.

Jon has a huge stake in both.
1 at 40 mill company
1 a 3.00 mill comp.

both doing same things?

Stm linked to CFG by banks and they are into one another.

nice eh
tiger

[bimble] 18/4/2008 17:26

Never read much about ESS on these pages. I have been doing some research and it seems a very good company. It owns a big chunk of both Syndicate Asset Management and STM Group. This is interesting as they are both consolidation plays which have been successful and this is reflected in their share price movements since inception. ESS takes big stakes at their creation. I also understand they own a big chunk of Noble Investments ( Baldwin the coin dealers ) which rumours report is in itself vastly under valued due to the size and quality of its inhouse coin collection.

I have been accumulating stock slowly over a lengthy period and reckon this is one to watch. £ 3 by year end!

[rambutan2] 19/5/2006 08:51

new investment...


eqs is proving a bit of a waiting game but imho sam will rerate at some stage and other stuff is going on behind the scenes.

[majic] 31/3/2006 23:32

Turning point now then??

[rambutan2] 31/3/2006 22:56

hmmm, only got the job in january! perhaps explains share weakness in sam so far in 06...

Syndicate Asset Management plc ('SAM' or the 'Company')
Resignation of Chief Executive Officer


Syndicate Asset Management plc announces that Michael Campbell-Birkett has
resigned from the positions of Chief Executive Officer and Director for personal reasons.

We are pleased to announce that John Morton, an existing executive director of
SAM, has become the Group Managing Director of Syndicate Asset Management plc
with immediate effect.

[rambutan2] 31/3/2006 12:04

eqs is obviously confident in its current holdings!

Equity Pre-IPO Investments Limited ('the Company') announces that it received
notification on 29 March 2006 from Equity Special Situations Limited advising
that it acquired 1,375,000 ordinary shares of 1p each in the Company on 20 March 2006 for a price of 37.5p per share. This brought its total shareholding in the Company to 2,955,552 representing 22.3% of the issued ordinary share capital of the Company. This constitutes the entire shareholding of Equity Special Situations Limited in the Company.

[rambutan2] 31/3/2006 10:15

some of the above money gone on a top up when sam at a low. perhaps a hint that sam a bit on the cheap side at the mo...

Syndicate Asset Management plc ('the Company') announces that it received
notification on 29 March 2006 from Equity Special Situations Limited advising
that it has acquired a further 1,800,000 ordinary shares bringing the total
holding to 21,800,000 ordinary shares, which represents 20% of the issued
ordinary share capital of the Company.

[rambutan2] 23/3/2006 14:57

hmmm. this drifting up. and not due to sam which at low...

[rambutan2] 15/3/2006 12:55

interesting. am sure things are going on behind the scenes (so to speak)...

15 March 2006
Equity Special Situations Limited

Placing of Shares raising #5 million

Equity Special Situations Limited ("ESS" or the "Company"), the AIM-quoted
strategic investment company, today announces that it has issued and applied for the admission of 3,739,716 new ordinary shares of 1p ("Placing Shares") at 133.7 pence per share (the "Placing") to Insinger de Beaufort,




raising gross proceeds of approximately #5,000,000. Following the Placing the Company will have a total of 14,167,604 ordinary shares in issue.

Application for the Placing Shares to be admitted to AIM has been made and it is expected that the Placing Shares will begin trading on AIM on 20 March 2006. The Placing Shares will rank pari passu with the existing ordinary shares in issue. Following Admission, Insinger de Beaufort's holding in the Company will be 3,739,716 ordinary shares representing approximately 26.4% of the issued ordinary share capital of the Company following Admission.

Peter Griffin, Director of ESS, commented: "It is pleasing to see that there
remains a high level of interest in ESS. This additional placing will further
broaden our shareholder base whilst strengthening our cash position. We are
determined to significantly expand the size and number of investments held by
ESS and this extra injection of funds will enable us to achieve that."

[rambutan2] 24/2/2006 10:41

the media magnate tops up...

Notifiable Interest

Equity Special Situations Limited ('the Company') announces that it received
notification on 21 February 2006 from Jon Olafsson advising that he now has
interest in a total of 2,736,877 ordinary shares of 1p each in the Company which represents 26.25% of the issued ordinary share capital of Equity Special
Situations Limited. Jon Olafsson is a beneficiary of the Mimir Trust and his
declared interest in the shares of the Company include those shares held by the
Trustees of the Mimir Trust, AIBWorthytrust Limited.

This was following a notification from AIBWorthytrust Limited, as Trustees of
the Mimir Trust, that they had acquired a further 1,204,000 ordinary shares of
1p each in the Company on 17 February 2006. This brings their total holding to
2,731,337 ordinary shares of 1p each and represents 26.19% of the issued
ordinary share capital of Equity Special Situations Limited.

[rambutan2] 26/1/2006 09:19

and another one added to the SAM pot...

so, despite the icelandics quite correctly denying they were the bidders for savoy, indirectly they were - sneaky!

[rambutan2] 20/1/2006 00:26

yes, a waiting game at mo. but im happy to do that and wait for illiquity to work in my favour.

[badtime] 19/1/2006 22:29

Bit disappointing share price .jus hav to give it time i guess

[rambutan2] 10/1/2006 23:09

Trading Update

Equity Special Situations Limited ('the Company') announces that the unaudited
net asset value per share, as calculated on 31 December 2005, was 150p. The
change in net asset value since the Company's last announcement on 23 September
2005 is materially due to the change in share price of Syndicate Asset
Management plc ('SAM'), in which the Company owns 20 million shares representing 18.3% of the issued share capital. The share price of SAM has fallen from 113.5p when it floated on 23 September 2005 to a price of 65.5p as at 31 December 2005.


so, base nav of 150p, as dont expect sam to go below 63p instit placing price. but it a waiting game until sam land a big deal. if/when they do then eqs benefits nicely. plus, everything else in eqs port is still currently pretty much in for free.

[rambutan2] 28/12/2005 23:17

Equity Special Situations Limited ('the Company') announces that it received
notification on 8 December 2005 from Newton Nominees Ltd advising that they
acquired 1,200,000 ordinary shares of 1p each in the Company on 8 December 2005. This represents 11.51% of the issued ordinary share capital of the Company and constitutes Newton Nominees Ltd entire holding in Equity Special Situations Limited.

[rambutan2] 12/12/2005 22:37

Equity Special Situations Limited ('the Company') was notified on 8 December
2005 by F.N. van Hulst that following a recent disposal of the Company's
ordinary shares of 1p each, F.N. van Hulst no longer has a notifiable interest
of the Company's ordinary shares.

Equity Special Situations Limited ('the Company') announces that it received
notification on 8 December 2005 from Jon Olafsson

advising that he acquired ordinary shares of 1p each in the Company on 10 November 2005. This brought his total holding to 328,837 ordinary shares which represents 3.2% of the issued ordinary share capital of the Company.

also noted these related vehicles...




and that mr geertman (Mr Geertman has, for the past five years, worked as an independent venture capitalist and financier of both private and public companies. He has strong experience of making investments and advising companies in a wide variety of sectors and in relation to a number of different markets and countries, particularly within the EU. Mr Geertman worked for a number of insurance brokerage firms in the Netherlands before starting his own investment company. In the insurance business he specialised in pension investment schemes and saving investment schemes.) has stakes in the whole stable...

[rambutan2] 25/11/2005 11:17

another small acquisition for sam...

[rambutan2] 18/11/2005 10:52

from c i t y w ire yesterday...

Acquisitive fund management group Syndicate Asset Management has attracted a roster of intriguing new investors in a share issue to raise £33 million.


Syndicate has been buying small fund management businesses and aims to take over a larger group with about £4 billion under management.

In October Citywire revealed the company is a vehicle for Icelandic investment capital.

Several of those investors, including investment fund Burdaras and media magnate Jon Olafsson, have increased their holdings at 60p a share. However, money has also flowed in from new investors such as banks Islandsbanki, Kaupthing and the Reykjavik Savings Bank.

UK rival Savoy Investment Management (SMN) took a 1.4 million-share stake in the business. Savoy is chaired by former Tory leadership hopeful Ken Clarke and is in the midst of a shareholder battle over the performance of the company.

Geneva-based SAAD Investments, chaired by Saudi businessman Maan Al-Sanea, and a number of mysterious vehicles operating out of offshore centres such as the British Virgin Islands and Monaco have also bought shares.

Curiously, Chris Deering, former chairman and chief executive of Sony Computer Entertainment Europe, has bought a small personal stake of 85,000 shares.

Senior director Jonathan Freeman said: 'They agree with our view of fund management at the moment that it is full of very good fund managers who are very unhappy with the way the sector is organised.'

[rambutan2] 11/11/2005 00:10

not quite the big one - yet...

Syndicate Asset Management plc ('SAM' or 'the Company'), the quoted specialist
fund management group, announces that it has agreed to acquire The Chartwell
House Group Ltd, a fund management and financial services company based in
Cambridge.

[rambutan2] 11/11/2005 00:08

Syndicate Asset Management (SAM), which is planning to take over a UK fund management group with £4 billion under management, has appointed John Morton as an executive director.


Syndicate, which debuted on AIM in September and bought wealth management group Ashcourt Holdings last month, made Ashcourt chief executive Morton a director earlier this week.

SAM chairman David Pinckney said: 'I am delighted that John has agreed to join the board. Since our flotation last year we have reviewed a range of potential acquisition targets with the view to consolidating a number of existing fund management companies and look forward to building a broad fund management group in the future.'

Last month C i t ywire revealed that Syndicate is backed by Icelandic money.

Fund management groups of a size to appeal to Syndicate include Insight Investment Fund Management, Credit Suisse Asset Management and Standard Life Investments.

[rambutan2] 07/11/2005 00:39

and a small flurry of buys to round of the week.

MPR Fund Management Ltd are the managers, although zilch on their site...


they also run cobra (coc)...



these are the (icelandic) guys who recently took a chunk in the eqs placing...

[rambutan2] 01/11/2005 23:00

and prompted by a 25k buy - yes, we are talking mucho illiquidity on this one.

[rambutan2] 01/11/2005 17:11

jumped up 10p as try to follow sam.

[rambutan2] 31/10/2005 11:58

sam's going up like a missile!