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NWN Newmarket Inv.

0.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Newmarket Investments Investors - NWN

Newmarket Investments Investors - NWN

Share Name Share Symbol Market Stock Type
Newmarket Inv. NWN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.25
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Top Posts
Posted at 21/10/2010 17:31 by rj allen
Rausing and Frisby purchase historic BBA

By Bloodstock World Staff 3:03PM 30 SEP 2010 TBA CHAIRMAN and Lanwades Stud owner Kirsten Rausing has joined forces with agent Richard Frisby to buy theBritish Bloodstock Agency, which next year marks its 100th anniversary.

At its pinnacle, from the post-second world war period to the 1980s, the BBA was the largest bloodstock agency worldwide, dominating sales and buying notable horses including Caerleon, Nureyev and record-priced $13.1million yearling Seattle Dancer on behalf of a Coolmore syndicate.

Both Frisby and Rausing served as directors of the famous Newmarket firm but left, along with many longstanding agents, in 2001 – a turbulent year for the BBA in which Simon Hayes took over as chief executive, overhauling the company and changing its name to Newmarket Investments.


Kirsten Rausing: new BBA director




The BBA was among Newmarket Investments' portfolio of companies, which also includes equine insurance agency ERM and the International RacingBureau.

Rausing bred Sunday's Prix de l'Arc de Triomphe contender Fame And Glory in partnership with Ptarmigan Bloodstock, a company founded in 2004 by Frisby and David Loder, with former banker and Egerton Stud owner Guy Heald as one of the main investors.

The BBA name will be used to front a similar venture, with Heald on board as a third director alongside Frisby and Rausing, and Michael Goodbody joining the company in a consultancy role.

The operations of the new BBA will bear little resemblance to the agency in its heyday. Rausing and Frisby said in a statement: "We would like to emphasise that it is not our intention to rekindle the BBA as an agency with all its former ancillary services.

"Our first aim is to establish a significant bloodstock investment fund which will trade principally in breeding stock. The fund, BBA 2010, would be formed as an Enterprise Investment Scheme."

The Enterprise Investment Scheme offers tax relief to encourage investment in smaller higher-risk trading companies.

Frisby said: "The aim is to be in action in time to purchase at the breeding stock sales. Letters are being signed now outlining the investment opportunity and the offer will close in mid to late November."

20 Oct 2010
Posted at 30/11/2009 09:59 by outsourcer
I can't believe the company dont even have the decency to issue and RNS to investors
Posted at 19/6/2009 09:02 by outsourcer
call me cynical but looking at the RNS yesterday about the part disposal of the property, I am guessing that it didnt pan out as expected and they ended up with a white elephant that they are having trouble getting rid of.

and even more annoying about the RNS is that despite the plummenting share price all they come out with in the update is that things are expected and they are managing cashflows, hardly allaying any fears of investors !
Posted at 11/6/2009 08:21 by outsourcer
tomboyb - re NGp, do you think there is any significance of the new investor, by my rough calc they look they will be out of cash by next month, so what is the attraction ?
Posted at 10/6/2009 20:21 by tomboyb
outsourcer or MEQ. cash shell with no debt. NGP has a new investor i've had a look today. a 3% stake mediazest founder and former Head of Corporate Broking at Canaccord Adams. fully loaded with meq alo and ppr.
Posted at 10/1/2008 15:58 by outsourcer
can we report NWN to anyone for the lack of investor feedback ?
Posted at 24/12/2007 08:33 by outsourcer
Merry Christmas NWN and thanks for all your effort strengthening investor relations in the past 6 months, you really have done a good job keeping us upto date with the business.
Posted at 14/12/2007 09:50 by outsourcer
obviously they dont care too much about us private investors, I am honestly beginning to think that something bad is going to come out, there is no way it would take nearly 3 months so finalise accounts. It shouldnt even take 3 months to complete them from start to finish.
Posted at 30/11/2007 08:56 by outsourcer
9 weeks since suspension, nearly 25 weeks since acquistion and not an update on either since, sheer arrogance and lack of respect for investors.

There is no way on earth that it should take over 2 months to finalise accounts, that per the RNS would be done shortly.

I am getting a bad feeling on this.
Posted at 20/11/2007 08:47 by rampant_rabbit
Yes, very actually, might do some digging today. Seems a very bad way to treat investors. Unless of course you dont really care about them.

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