Panmure Gordon Share Discussion Threads

[isis] 10/7/2015 18:47

10 July 2015

Panmure Gordon acts for DiamondCorp plc (AIM: DCP & JSE: DMC) in placing and open offer raising £5.3m

Panmure Gordon, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as nominated adviser and sole broker on behalf of DiamondCorp plc (\"the Company\"), the Southern African focussed diamond development, exploration and mining company, in placing 31,837,000 new ordinary shares to raise £3.2m gross as well as an oversubscribed open offer of 20,894,263 new ordinary shares to raise a further £2.1m gross.

Commenting on the Placing, DiamondCorp\'s CEO Paul Loudon said: \"I am delighted with the strong support we have received for the Company by existing and new shareholders and I look forward to updating the market on our operational developments as we ramp up to commercial production at the Lace Mine.\"



Commenting on the Open Offer, DiamondCorp\'s Chairman Euan Worthington said: \"The Board is very pleased at the high level of over-subscription for the Open Offer and that the majority of shareholders have been able to participate on the same terms as the recent Placing to institutions. We thank shareholders for their continuing support and look forward to an exciting future\"

[speedsgh] 10/7/2015 18:39

New mandate for Panmure...

Appointment of Joint Broker -

Zoltav Resources (AIM: ZOL), the CIS-focused oil and gas exploration and production company, is pleased to announce the appointment of Panmure Gordon (UK) Limited ("Panmure Gordon") as Joint Broker with immediate effect. Shore Capital remains Nominated Adviser and Joint Broker to the Company.

[discodave4] 10/7/2015 10:19

Trading update was 10th July last year - possibly one next week?.GLDD

[isis] 02/7/2015 17:21

Media Releases
1 July 2015

Panmure Gordon leads IPO for Orchard Funding Group PLC (AIM: ORCH)

Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as nominated adviser and broker on the IPO of Orchard Funding Group PLC raising £10.0m before expenses and valuing the company at £20.5m.

Orchard Funding Group, through its wholly-owned subsidiaries Bexhill UK Limited and Orchard Funding Limited, is a finance company which specialises in the insurance premium finance and the professional fee funding market. The Group lent £45.6m in the 12 months to 31 July 2014 and £24.0m in the six months to 31 January 2015. The Group provides finance to clients of insurance brokers to spread the cost of their insurance premiums and to clients of professional firms in order to spread the costs of their professional fees. The net proceeds of the Placing are intended to be used to provide capital for lending to its clients.

Chief Executive Officer, Ravi Takhar, said "Orchard Funding Group is delighted to be joining AIM. The new capital raised will enable the business to grow to its full potential and become a leading lender in the insurance premium finance and professions finance market."

[sailing john] 02/7/2015 15:13

NIPT bookbuild completed - hopefully a nice little earner
Fortunately my concerns aren't shared by the market

[sailing john] 02/7/2015 10:06

I hope they get the NIPT bookbuild away. Having read the final para about litigation I wouldn't be a buyer at 10p let alone 20p.

[isis] 02/7/2015 09:41

All good stuff!

[speedsgh] 02/7/2015 08:25

Premaitha Health (NIPT) raising £8m via placing...

Proposed placing to raise approximately £8 million -

Panmure Gordon (UK) Limited ("Panmure Gordon") is acting as Broker in respect of the Placing.

[isis] 01/7/2015 15:57

Building up quite a Portfolio of clients!

mkt cap £850m

[speedsgh] 01/7/2015 14:11

New client win...

Appointment of Nominated Adviser and Joint Broker -

James Halstead plc, the AIM listed manufacturer and international distributor of commercial floor coverings, is pleased to announce the appointment of Panmure Gordon as Nomad and Joint Broker alongside Arden Partners with immediate effect.

[isis] 25/6/2015 09:50

Some strange trades - there's a 5k buy at nearly 1.57p

[salpara111] 22/6/2015 16:55

I had hoped for a trading update with the Charles Stanley announcement but they seem determined to keep mum between the basic twice a year updates which is somewhat frustrating.
I am going to hold for now, simply because I don't have another place to put the money and on balance I think there is more upside potential here.

[discodave4] 22/6/2015 10:49

Sal,£2 would be very nice but has a long way to go to hit that in the short term IMV : resistance is 157, 52wh is 165, still has (apparently - see barchart site) strong buy signals so will wait and see.GLDD

[sailing john] 18/6/2015 23:08

topvest - Panmure announced after the close on the 17th and CAY announced before open on the 18th and therefore no issue with timing. I think you might have missed the PMR release which was before CAY and in the same closed period.

[topvest] 18/6/2015 21:14

Also, very odd that Charles Stanley announced their results at 7am and mentioned the exchange, but Panmure couldn't get a press release out until the end of the day. A bit of a false market in the shares all day, as clearly some news must have leaked? Good at advising other companies. Rubbish at running their own PLC?

[topvest] 18/6/2015 21:12

I think the market got this deal wrong. It will be interesting to see how the share price performs tomorrow given this was announced after hours.

[topvest] 18/6/2015 21:10

Well that's a much better deal than we expected. A very modest outlay for a quality business which should give them critical mass. I was expecting the consideration price to be higher than that. They have negotiated a good deal. The asset value of the disposal group is £2m if you look at Charles Stanley accounts. This now looks a better deal for Panmure than it does Charles Stanley to be honest.

[salpara111] 18/6/2015 14:28

Certainly glad I didn't sell up at the end of May!
Hopefully this can get back above £2 in the not too distant future.

[isis] 18/6/2015 12:34

mkt cap of CAY is £150m on £4m profit.

Panmure need to catch up!

[isis] 18/6/2015 12:32

I like the fact there is no dilution in the shares and glad I've held on and topped up lower down.

they have a good deal here and will hopefully keep the dividends too.

I'll just keep them on slow cooker mode....................

[salpara111] 18/6/2015 09:37

Well, the share price would have to rise by 50% just to have a market cap equal to Daniel Stewart!

[sailing john] 18/6/2015 08:47

DD4 - Oops you are correct - not quite got brain in gear - amended to 50% above

[discodave4] 18/6/2015 08:44

Agree, isn't it more like 50% though - CSS £1m, PMR £2.2m.And that excludes additional efficiencies and improved margins (hopefully!).DD

[sailing john] 18/6/2015 08:37

Looks like a good deal to me

Should increase pretax by 30% (edit 50%) - assuming no other impacts positive or negative

Puts some of their massive cash pile to good use

SJ

[discodave4] 18/6/2015 08:29

Finals for CAY today.News of the acquisition seems to be a bit of a damp squib.Early days yet I suppose.DD