Numis Share Discussion Threads

[wmb194] 25/10/2023 19:42

I have it now.

[wmb194] 25/10/2023 14:19

Now that this has delisted and DB owns it, has anyone received their payout?

[speedsgh] 04/9/2023 14:32

Numis is acting as joint financial adviser to Ergomed (AIM:ERGO) on its £703m sale to Permira.

[speedsgh] 25/7/2023 12:47

Numis has acted as joint bookrunner (alongside J.P. Morgan Cazenove) on a £300m placing/subscription for The Unite Group (LSE:UTG).

[speedsgh] 07/7/2023 06:33

Numis is acting as joint bookrunner (alongside Morgan Stanley) on a £55m placing for YouGov (LSE:YOU).

[speedsgh] 07/7/2023 06:31

Trading Update -

Numis, the international investment bank, today issues a trading update in respect of the three-month period ended 30 June 2023.

Key highlights:

· Q3 total revenue was below the first half run-rate reflecting a deteriorating market backdrop across the investment banking industry

· M&A revenues remain strong despite more challenging financing markets, however capital markets revenues were impacted by cyclically low deal volumes

· Market conditions are expected to remain difficult through the remainder of FY23

· Acquisition by Deutsche Bank AG expected to complete during the final quarter of this calendar year

[powereddrones] 19/5/2023 00:25

Time to be bullish on SP500 hxxp://www.onewall.com/homepage.nsf/DocView?Open&UNID=b00b833a682e5d2385256e5a000f4767

12K is a floor on the NASDAQ Also

[wad collector] 29/4/2023 11:14

Yes, well spotted.
Sometimes you just have to suck up a loss. And move on.

[castleford tiger] 28/4/2023 19:31

Still lost money!!

[wad collector] 28/4/2023 18:32

Agree Iain , rare to see a takeover such a well kept secret.
Almost up to our 2021 acquisition price , a hit that I will happily take!

[chesty1] 28/4/2023 14:37

Very well done to all longs.

[balcony] 28/4/2023 07:35

Well done all holders.

[iain123] 28/4/2023 07:12

Incredible lack of insider dealing. You’d expect the price to have been building for a few weeks. Nice!

[blackhorse23] 28/4/2023 07:09

Out here from now & going to buy GATC

[bigbigdave] 28/4/2023 06:43

28 April 2023

Recommended Cash Offer

for

Numis Corporation Plc

by

Deutsche Bank AG

Summary and highlights

-- The Board of Numis and the Management Board of Deutsche Bank are pleased to announce that they have reached agreement on the terms of a recommended all-cash offer by Deutsche Bank for the entire issued and to be issued share capital of Numis. It is intended that the Transaction will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.

-- Under the terms of the Transaction, Numis Shareholders will be entitled to receive:
350 pence for each Numis Share (the "Transaction Value")

valuing the entire issued and to be issued share capital of Numis at approximately GBP410 million.

-- The Transaction Value comprises for each Numis Share held as of the relevant record date:
o 339 pence in cash (the "Cash Consideration");

o an interim dividend of 6 pence per Numis Share for the six months ended 31 March 2023, which is not conditional upon the Transaction becoming effective (the "First Permitted Dividend"); and

o an additional interim dividend of 5 pence per Numis Share (the "Second Permitted Dividend"), which is conditional upon the Transaction becoming effective.

-- The Transaction Value represents:
o a premium of 72 per cent. to the Closing Price of 204 pence per Numis Share on 27 April 2023 (being the last Business Day before this announcement); and

o a premium of 60 per cent. to the volume-weighted average price of 219 pence per Numis Share for the three-month period ended 27 April 2023 (being the last Business Day before this announcement).

[its the oxman] 03/4/2023 07:39

Trading update seems as expected, no real surprises.

[quepassa] 22/3/2023 21:39

Finncap and Cenkos are merging - according to Sky.

[speedsgh] 17/3/2023 08:32

Numis has acted as joint bookrunner (alongside Barclays) on a £235m placing for Diploma (LSE:DPLM).

[archy147] 07/2/2023 14:15

Yeah a lot of my holdings are like that at moment. Most showing signs of recovery as the market realises things are not as bad as the doomsayers have been saying (I thank them for that, what a great opportunity they presented us with!) , but still awaiting proper lift off!

[its the oxman] 07/2/2023 12:55

Yes Numis seems quite oversold but at least to be reasonably successful in doing the right things and positioning itself for the next upturn. So hopefully scope to motor much higher from here when any evidence of that is seen.

[archy147] 07/2/2023 12:18

The market seems to be reacting well to what seems to me a pretty uninspiring update.

Goes to show just how badly it had been beaten down before. Still a hold at this price?

[speedsgh] 07/2/2023 10:15

Looks to me like it can be best summed up as Numis are making the best of a poor market with low transaction volumes. Positioning themselves to take advantage when things do improve but no sign of that happening yet.

Plenty of positive spin. My main surprise was their note re the advisory business: "Momentum in our advisory business has been maintained with a number of high-profile M&A transactions closing in recent weeks; the near-term pipeline continues to be strong." This seems to run counter to "very subdued levels of equity issuance and corporate activity".

[gnome3] 07/2/2023 07:36

Can anyone explain today's trading update? Is that supposed to give us clarity on the business outlook?

[its the oxman] 03/2/2023 09:20

Numis looking a bit left behind by the wider market rally. Very unloved.

[speedsgh] 26/1/2023 17:30

Numis has acted as joint bookrunner (alongside Canaccord) on a secondary placing of shares in Ashtead Technology Holdings (AT.) raising gross proceeds of £47.9m.