ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

LBR Libertas Cap

3.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Libertas Cap LSE:LBR London Ordinary Share GB00B01J0R23 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.00 GBX

Libertas Capital (LBR) Latest News

Real-Time news about Libertas Cap (London Stock Exchange): 0 recent articles

Libertas Capital (LBR) Discussions and Chat

Libertas Capital Forums and Chat

Date Time Title Posts
26/3/200808:21Libertas Capital Group50

Add a New Thread

Libertas Capital (LBR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Libertas Capital (LBR) Top Chat Posts

Top Posts
Posted at 26/3/2008 08:21 by moogies
Libertas Capital Group PLC
26 March 2008


For immediate release 26 March 2008


LIBERTAS CAPITAL GROUP PLC PRELIMINARY UNAUDITED RESULTS
FOR THE YEAR ENDED 31 DECEMBER 2007

Libertas Capital Group plc (AIM: LBR) ('Libertas Capital' or 'the Company'), the
financial services firm, today announces preliminary unaudited results for the
year ended 31 December 2007.

Financial highlights:-

• Revenue up 54.4% to £18.3m (2006: £11.9m)
• Pre tax profit before share based payments up 53.4% to £3.1m ( 2006:
£2.02m)
• EPS before share based payments up 44.9% to 4.87 p (2006: 3.36 p)
• Net assets up 30.9% to £10.1m before reduction of £1.9m for Treasury and
EBT Shares (2006: £7.71m)

Operational highlights:-

• Strength of continuing activities and quality of transactions
• 30 transactions completed including IPOs on AIM, M&A transactions and
private fundraisings
• Successful development and growth of Securities business both in primary
and secondary activities
• Continued successful implementation of strategy including further
expansion into Asia and the Middle East
• Strong transaction pipeline continues into 2008


Commenting on the results, Jakob Kinde, Executive Chairman of Libertas Capital
Group plc, said:-

'We are pleased with the performance of the business, which shows increased
revenue year on year and continued profitability. We have continued to implement
our strategy and have expanded our corporate finance and securities businesses
in Asia and the Middle East to offer full service capability in these growing
and important geographical markets. The results for the year highlight that the
investment in building a balanced platform for future growth is beginning to
demonstrate considerable success.

We continue to invest in talented people in each of our core business areas -
corporate finance, securities/distribution and research - which allows us to
provide the high quality of services expected by our clients. As a result, we
are continuing to attract further corporate and institutional clients in Europe,
North America, Asia and the Middle East.

Despite market conditions being difficult in the second half of 2007, we have
demonstrated the strength of our business through our performance in 2007. With
the visibility of our transaction pipeline, we look forward to 2008 with
confidence'


For further information please contact:

Libertas Capital Group plc +44 (0)20 7569 9650
Jakob Kinde, Executive Chairman
Henry Okereke, Chief Executive

Grant Thornton +44 (0)20 7383 5100
Fiona Owen

Buchanan Communications +44 (0)20 7466 5000
Charles Ryland /Mary-Jane Johnson



Notes to Editors

About Libertas Capital Group plc

Libertas Capital is an international financial services firm offering its
clients a full range of dedicated independent Corporate Finance Advisory,
Research and Distribution services.

Corporate Finance services include investment bankers with substantial depth of
European M&A and general corporate finance experience, as well as entrepreneurs
and industrial professionals with extensive experience and expertise in their
particular fields, having completed in excess of US$100 billion in transactions.

In our research and distribution services we offer our clients a dedicated
research capability with deep industry knowledge in our core sectors - Renewable
Energy, Energy (including oil and gas and natural resources), Infrastructure,
Real Estate, Healthcare, Technology and Telecom - satisfying the needs of both
our corporate and institutional clients. Our extensive distribution network
covers UK, European, Asian, Middle Eastern and US institutional clients.

Our business is based on core values and strengths which we believe both
differentiate Libertas Capital from its competitors and give us a competitive
advantage. We aim to provide a high level of customer service that will result
in long term client relationships based on the principles of openness,
innovation and creativity.



Chairman's Statement

2007 was an exciting year for the Group and we are pleased to report a healthy
set of results. Revenue totalled £18.3m (2006: £11.9m) with profit before tax
and share based payments of £3.1m (2006: £2.0m). Closing net assets amounted to
£10.1m prior to a reduction of £1.9m for shares held within Treasury and the
Libertas Capital Employee Benefit Trust (2006 net assets: £7.7m). The earnings
per share before exceptionals are 4.87 pence (2006: 3.36 pence).

The Group's strategy is to provide a range of financial services to corporate
and institutional clients in Europe, North America, Asia and the Middle East in
the sectors of Renewable Energy, Energy (including oil and gas and natural
resources), Infrastructure, Real Estate, Healthcare, Technology and Telecom. As
explained in more detail in the Chief Executive Officer's Review, we now have
established operations in Asia and the Middle East.

The Group Structure

Libertas Capital • Strategic advisory and execution
Corporate Finance capabilities
Limited • Private and public fundraising
• Mergers and acquisitions and
corporate restructuring

Libertas Capital • Institutionally sponsored research
Securities Limited • Independent corporate sponsored
research through
Equity Growth Research
• Distribution and facilitation
trading

Libertas Capital • Corporate finance in Asia,
Libertas Capital Asia specifically China
Group Plc Limited

Libertas Capital • Corporate finance in North America
Inc

Libertas Capital • Corporate finance in the Nordic
Nordic AB region

Libertas Capital • Corporate finance and securities in
Dubai Limited the Middle East

Libertas Capital • Strategic and principal
Ventures Limited investments in core sectors


STRATEGY

The Group has enjoyed four successful years on AIM. Our strategy can be
summarised as follows:-

• Our business is based on core values and strengths which we believe
differentiates Libertas Capital from its competitors and gives us a competitive
advantage. We aim to provide a high level of customer service that will result
in long-term client relationships based on the principles of openness,
innovation and creativity.

• To offer a breadth of financial services with a number of international
locations

• To offer senior management experience and expertise in investment
banking, broking and financial services

• To enhance shareholder value and generate good long term returns to
shareholders

• To exploit both internal and external synergies to grow the business
organically and through appropriate mergers/acquisitions and JVs

• To add specialist financial services operations where they bring annuity
income or synergies.

RESULTS

Our results are strong with revenue of £18.3m and a pre tax profit before share
based payments of £3.1m. Share based payments amount to £0.9m being a charge in
respect of the fair value of awards granted in shares, in accordance with IFRS 2
'Share Based Payments'. There is no cash effect for this sum. We completed some
30 transactions in IPOs, M&A and fundraisings. The Securities business has
continued to increase in depth and quality with the offering of both
institutional sponsored research through Securities and independent corporate
sponsored research through our independent brand name, Equity Growth Research.
Securities also offer a dedicated sales distribution team catering for
institutions and high net worth individuals. We have enhanced further the value
of underlying transactions completed.

DIRECTORS

It is with great sadness that we record that Mr Sven Skarendahl, a non-
executive board member, passed away on 25th January 2008 after a period of
illness. Sven has played an important role to Libertas Capital as a senior
adviser since the AIM flotation in July 2004 and since October 2004 as a
non-executive director and non-executive chairman of Libertas Capital Nordic AB.
Sven was a deeply respected and admired colleague who will be greatly missed by
all who knew and worked with him.

EMPLOYEES

The results of our operating businesses are determined largely by the efforts
and commitment of our employees who are one of the principal assets of the
Group.

Many of our employees are already shareholders, participating in the award of
shares through an Employee Benefit Trust. Our philosophy has always been to
motivate and incentivise all our employees by way of equity participation.

CORE VALUES

At the time of the formation of the Group, we set out our core values which we
believe distinguish the Group from our competition and give us a competitive
advantage. The Group aims to provide a high level of client service that will
result in long term relationships with clients based on transparency, integrity
and innovation. These values include independence, industry focus, depth and
experience, and geographical spread of operations.

DIVIDENDS

The Board did not recommend a dividend for the full year 2007 as we believe that
it is important to retain the funds in order to grow our businesses. The Board
believes that a progressive dividend policy will be pursued as the Group
continues to develop.

OUTLOOK

Despite market conditions being difficult in the second half of 2007, we have
demonstrated the strength of our business through our performance in 2007. With
the visibility of our transaction pipeline, we look forward to 2008 with
confidence.


Jakob Kinde
Executive Chairman

March 2008



Chief Executive Officer's Review

REVIEW OF THE YEAR

The Group made strong progress in 2007 as reflected in our full year's results.
All areas of our businesses have been robust and there has been a significant
increase in revenue generation, with revenue in 2007 of £18.3m compared with
£11.9m in 2006. Profit before tax and share based payments amounted to £3.1m in
2007 compared with £2.0m in 2006.

In summary, 2007 has seen Libertas Capital develop significantly with
implementation of its strategy to strengthen further both the corporate finance
and securities businesses. Libertas Capital is now able to take advantage of
these opportunities.

OPERATING SUBSIDIARIES

LIBERTAS CAPITAL CORPORATE FINANCE

The Corporate Finance business in London is regulated by the Financial Services
Authority and is a Nominated Adviser. The global team has been strengthened
further and now comprises some 26 professionals in London, Sweden, North
America, Asia and the Middle East. They concentrate primarily on sectors in
Renewable Energy, Energy, Technology and Healthcare. The team seeks to build
long term pro-active relationships with companies and entrepreneurs operating in
these specialist sectors from Europe, North America, Asia and the Middle East.

In the Autumn of 2007 we were delighted to welcome the experienced team of
professionals from Macadam Corporate Finance Limited, a corporate finance
boutique acquired in a share for share exchange.

The typical client profile is a business that is entrepreneurial, growth
orientated with an experienced and quality management and earning revenue
between £50 million and £500 million. Some examples of the transactions
completed include:

• Landkom International plc - fundraising and admission to AIM

• Canton Property Investment Limited - fundraising and admission to AIM

• Plantic Technologies Limited - fundraising and admission to AIM

• AISI Realty Public Limited - fundraising and admission to AIM

• Mobile Credit - fundraising and admission to AIM

• Zeehan Zinc Limited - fundraising and admission to AIM

• Empire Energy Corporation International Inc - private placement

• Morphic Technologies - acquisition of Swiss company

• Gas Turbine Efficiency plc - secondary fundraising

• Renewable Power & Light Plc - secondary fundraising

• West Pioneer Properties Limited - secondary fundraising

• Island Gas Resources plc - reverse takeover

• Mawell - private placement

• Oceanlinx - private placement

• Grosvenor Waste Management Limited - M & A Advisory

LIBERTAS CAPITAL SECURITIES LIMITED

This business is a member of the London Stock Exchange and regulated by the
Financial Services Authority. It has three activities:-

1. Provision of distribution and facilitation trading;

2. Provision of institutionally sponsored research;

3. Provision of corporate sponsored research through Equity Growth Research

We have continued to develop this business during the year and now have a
complement of some twenty professionals. We continued to strengthen the EGR
brand within the Libertas Capital stable. Securities offers services as a Broker
and is continuing the development of a corporate client base. We are now
recognised as a leading provider of products in our core areas.

Distribution

Libertas Capital Group has been building a strong Securities Distribution
capability to market equity capital market products and Libertas Capital
Research products, including a sales trading unit, which has continued to
develop this year. This distribution team has dedicated UK small and mid-cap,
European small-cap and high net worth client functions.

Libertas Capital Research

Libertas Capital Research provides institutionally sponsored research,
delivering specialist analysis, in our core sectors to institutions in Europe,
North America, Asia and the Middle East.

Equity Growth Research (EGR)

EGR focuses on smaller, high growth companies that deserve greater attention.
Through a sponsored investment research model, EGR brings the quality of
analysis and frequency of reporting normally reserved for the FTSE 350
constituents to its client companies. The research is distributed via a number
of channels (electronically/printed). EGR employs a number of in-house
professionals in addition to outsourced analysts.

LIBERTAS CAPITAL NORDIC AB

This division is based in Stockholm and offers full corporate finance services
to assist Nordic corporates in cross border activities. The Nordic operation is
continuing to expand and we aim to continue this growth systematically, in
parallel with positive earnings development.

LIBERTAS CAPITAL ASIA LIMITED

Libertas Capital Asia Limited ('LCA') is a wholly owned subsidiary based in Hong
Kong offering full corporate finance services for the markets in Asia,
particularly China, to complement those already provided by the Libertas Capital
group. In the summer of 2007 LCA raised, from Asian investors, US$55m for the
AIM flotation of Canton Property Investment Limited, a Chinese retail and
leisure property company.

LIBERTAS CAPITAL INC

Libertas Capital Inc is based in Los Angeles, California and offers full
corporate finance services to the North American market as well as a bridgehead
into the Asian markets, to complement those services provided by the Libertas
Capital group.

LIBERTAS CAPITAL DUBAI LIMITED

Libertas Capital Dubai Limited ('LCD') is a sponsor on the Dubai International
Financial Exchange (DIFX). LCD offers full corporate finance, agency trading and
research services covering the markets in the Middle East and the Indian Sub
Continent to complement services provided by the Libertas Capital group.

LIBERTAS CAPITAL VENTURES LIMITED

This company makes strategic and principal investments in our core sectors.

EMPLOYEES

We continue to recognise the importance of developing a culture where employees'
interests are closely aligned with those of the Group's shareholders. At
present, the Directors and employees own a significant proportion of

the Group's shares and we wish to continue to incentivise employees with both
share options and the award of shares. It is our firm belief that incentivising
and retaining our key employees is in the best interests of the Group's
shareholders. I would like to take this opportunity to thank all members of
staff for their efforts in achieving these results and look forward to 2008.

OUTLOOK

The 2007 results demonstrate a significant improvement in the quality of our
underlying and continuing businesses. These results are particularly impressive
given the difficult market conditions in the second half of 2007. The market
place for 2008 is exciting for us at Libertas Capital, not least as continued
investment in key staff and implementation of our strategy is bearing fruit. The
visibility for 2008 looks promising particularly in our core sectors of
Renewable Energy, Energy, Infrastructure, Real Estate, Healthcare, Technology
and Telecom. We have seen a satisfactory start to the year and with some notable
mandates on board, we are confident that we will continue to increase the number
of corporate clients in 2008. As ever we recognise that market conditions are
inherently volatile and will remain cautiously optimistic about the near term
market outlook and confident about Libertas Capital's long term prospects.

Henry Okereke
Chief Executive Officer

March 2008
Posted at 19/10/2007 12:24 by moogies
Libertas Capital Group PLC
19 October 2007

For immediate release 19 October 2007

LIBERTAS CAPITAL GROUP plc

('the Company')


ACQUISITION OF THE BUSINESS OF MACADAM LLP ('MACADAM')


Libertas Capital Group plc ('Libertas Capital', AIM: LBR), the international
financial services firm, announces that it has agreed to acquire for an
undisclosed sum Macadam Corporate Finance Limited, being the entire business of
Macadam LLP, a specialist corporate finance advisory firm based in London,
focused upon international transactions particularly in emerging markets, with
industry strengths in renewable energy, natural resources, telecoms and consumer
products. The current partners of Macadam, all of whom will be joining Libertas
Capital, are Tim Murray, Matthew Hindhaugh and Andrew McLennan. Tim Murray will
be joining Libertas Capital as CEO of its London Office; Matthew Hindhaugh and
Andrew McLennan will be joining as Managing Directors in Corporate Finance.



Macadam is authorised and regulated by the FSA and formal FSA approval for the
transaction is awaited.



Details of the three partners are as follows:



• Tim Murray is CEO of Macadam and a founder of the firm. He has twelve
years' experience in investment banking: he was Global Head of Media and
Telecommunications Investment Banking at Schroders, and headed European
telecoms investment banking groups at BZW and Societe General. He also
worked for seven years with Strategic Planning Associates as a strategy
consultant. He holds an MA in Engineering from Cambridge University and an
MBA from INSEAD.



• Matthew Hindhaugh spent sixteen years with Deutsche Bank (formerly Morgan
Grenfell) where he was a director responsible for executing mergers and
acquisitions and structured financings, primarily in emerging markets. After
leaving Deutsche Bank, he and a partner acquired a national UK retailer,
Culpeper Limited, where he served as its Chief Financial Officer. Before
Morgan Grenfell he qualified as a Chartered Accountant with Arthur Andersen.
He holds a BA in History from Nottingham University.



• Andrew McLennan has fourteen years' investment banking experience as a
former director in the telecoms investment banking practices of Merrill
Lynch, Deutsche Morgan Grenfell and SG Warburg. Prior to joining Macadam he
was head of mergers and acquisitions at Energis Communications plc. He began
his career at Bain & Co. He holds an MEng in Electrical Engineering from
Imperial College, London.





Commenting on the acquisition Henry Okereke, Chief Executive Officer of Libertas
Capital, said 'We are delighted to announce the acquisition of Macadam and to
welcome Tim Murray, Matthew Hindhaugh and Andrew McLennan to Libertas Capital -
this is an excellent strategic fit and strengthens further our international
offering in our core sectors'



For further information please contact:




Libertas Capital Group plc +44 (0)20 7569 9650
Jakob Kinde, Executive Chairman
Henry Okereke, Chief Executive

Grant Thornton +44(0)20 7383 5100
Fiona Owen

Buchanan Communications +44 (0)20 7466 5000
Charles Ryland/ Mary Jane-Johnson
Posted at 18/10/2007 08:11 by moogies
Libertas Capital Group PLC
17 October 2007

For immediate release 17 October 2007


LIBERTAS CAPITAL GROUP PLC
("the Company")

Director Shareholding


Libertas Capital Group plc ("Libertas Capital"), AIM: LBR), the international
financial services firm, was notified on 17 October 2007 that Henry Okereke,
Group Chief Executive and Director increased his holding of ordinary shares of
nominal value of 1p each ("ordinary shares") by the purchase of 1,720,000 shares
at an average price of 25p.

As a result Mr Okereke's holding is now 8,548,298 ordinary shares representing
19.85% of total voting rights.

The total number of shares in issue amounts to 46,977,765, including 3,913,949
shares held in Treasury following the sale of 470,000 shares from Treasury. Thus
the total number of ordinary shares in issue with voting rights is 43,063,816.


For further information please contact:


Libertas Capital Group plc +44 (0)20 7569 9650
Jakob Kinde, Executive Chairman
Henry Okereke, Chief Executive

Grant Thornton +44(0)20 7383 5100
Fiona Owen
Posted at 04/6/2007 10:52 by nickcduk
Sell off on lowish volume has made LBR too cheap imo. Picked up 10k this morning and will add more on any drop lower. Its far too cheap at current levels with directors buying only last month. Strong asset backing to boot including a chunky amount of cash helps the case.
Posted at 06/3/2007 13:41 by hectorp
So growth from last year is nil... on increased turnover. 'Encouraging' sounds fairly insipid too. Yet directors have just added to their holdings.

Intersting share,though, on low market cap relative to the turnover, if! they could increase profits to £3M next year, the share price could rise by up to 50%. We need stronger than 'indications'. Of course they can't state 'full order book' its not that kind of business.
Incidentally: I see they have a buy note out on one of my shares, CFU. anyone give me few sentences from it ?
Posted at 16/2/2007 12:34 by moogies
Just noticed a reference to LBR in this article published a few weeks back.

M.



"The best-performing broker is Vancouver's Canaccord Capital, which has generated an average return of £1,954, aided by Imperial Energy, a Russian oil explorer whose shares are up 2,448 per cent since floating. The other top five stockbrokers are Investec Securities, Libertas Capital, Teather & Greenwood and Numis Securities. The 24 brokers covered by the survey - which is based on transactions defined by AIM as admission or readmission of shares - together raised about £12 billion for clients in the three years to December 2006.
Posted at 22/12/2006 10:32 by beta_adjusted
Any comments on this stock? I used to follow it closely but somewhat out of touch now. Assuming 2% fees (a stab in the dark), the new deals will have earned them revenues of 2% * £60m. Not sure what effect on profitability ... I expect costs are largely fixed with a small variable element, so its possible that the profits will have flowed to the bottom line.

Then again, this is a relatively young company and I would be feeling a bit concerned about potential options programs etc. to be announced. Although I view the prospects and sector as very attractive in the longer term, I'm concerned about dodgy aim listings, particularly in the resource sector, and fear an AIM IPO slowdown next year which would affect this company quite badly.

Also, the trading volume in this stock is negligeable ... £15k today means I'd be inclined to take any price action to be almost meaningless.

Any thoughts?

B
Posted at 20/12/2006 09:44 by moogies
Successful Fundraisings

Libertas Capital Group PLC
20 December 2006


For immediate release 20 December 2006



LIBERTAS CAPITAL GROUP plc



COMPLETION OF TWO SUCCESSFUL FUNDRAISINGS



Libertas Capital Group plc (AIM: LBR), the UK-based financial services firm, is
pleased to announce that it has successfully completed fundraisings for West
Pioneer Properties plc (AIM: WPR) and Renewable Power & Light plc (AIM: RPL).



West Pioneer Properties, which aims to become a leading developer and operator
of shopping malls in India, raised approximately £20 million via a Placing of 25
million shares at 81.5 pence per share. Shares in West Pioneer Properties began
trading on AIM on 13 December 2006.



Renewable Power & Light, the renewable power producer, successfully raised £40
million via a Placing of 57 million shares at 70 pence per share. Shares in
Renewable Power & Light began trading on AIM on 14 December 2006.





Henry Okereke, Chief Executive Officer of Libertas Capital, said: "We are
delighted to have successfully completed these two fundraisings for West Pioneer
Properties and Renewable Power & Light and to see the companies join the AIM
market. We have seen good support from institutions for both of these two
companies and look forward to advising more successful companies in 2007."







For further information please contact:


Libertas Capital Group plc +44 (0)20 7569 9650

Jakob Kinde, Executive Chairman
Henry Okereke, Chief Executive


Buchanan Communications +44 (0)20 7466 5000
Charles Ryland / Mary-Jane Johnson


Notes for Editors

About Libertas Capital Group plc


Libertas Capital is a UK-based financial services firm offering its clients a
full range of dedicated independent Corporate Finance Advisory, Research and
Distribution services.



Corporate Finance services include advice on M&A, public and private fund
raising, private equity encompassing development capital, MBOs and MBIs,
valuation and exit strategy. In the Securities business Libertas Capital offers
research to corporate and institutional clients, via Equity Growth Research and
Libertas Capital Research, over a global distribution network. Libertas Capital
is focused on the small to mid cap market in the UK, Northern Europe, the Nordic
region, the US and Asia where the Group has gained widespread experience and
developed strong relationships.



Libertas Capital concentrates primarily on growth companies across a number of
industry sectors with a particular focus on Energy (renewable energy, oil and
gas, natural resources and oil services), Technology (software, services and
telecoms) and Healthcare.


This information is provided by RNS
The company news service from the London Stock Exchange
Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.
Posted at 13/6/2006 16:42 by blindfaith2
yf - If the grants were at 59p it will take some recovery from today's price though.
Posted at 03/2/2006 16:02 by adda
Good post Moogies what is your take on Libertas? Going forward what can we expect re the present share price?
Libertas Capital share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock