Shore Capital acts as Sole Bookrunner on the placing for Arbuthnot Banking Group
Shore Capital is delighted to have acted as sole bookrunner for Arbuthnot Banking Group PLC (“Arbuthnot”), on a secondary placing of shares in Secure Trust Bank PLC (“Secure Trust”).
Arbuthnot sold, in an institutional placing, 1.05 million shares in Secure Trust – 5.7% of Secure Trust’s issued share capital – at a price of 1460p per share, raising gross proceeds of approximately £15.3 million and, following the placing, retains a 9.85% holding in Secure Trust.
For further information please contact:
Shore Capital: +44 (0) 20 7408 4090
For media enquiries, please contact:
Adele Gilbert: +44 (0)79 6622 4514
Notes to Editors
About Shore Capital
Shore Capital Markets, a division of the Shore Capital Group, is an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income. We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complimented by our experienced corporate advisory finance and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM. Shore Capital is also one of the largest market makers in the London market; the 3rd largest market maker on AIM by volume of trades.
Our cross disciplinary team has deep and market leading experience in a wide range of sectors covering: Consumer, Financials, Healthcare, Natural Resources, Real Estate, Support Services, Technology, Media and small and mid-cap UK and Irish companies. Our research on over 200 companies is distributed to an extensive institutional client base in the UK, USA, Ireland and the Nordic region.