News and Events

Date and Time
Headline
15-07-10
Evolution acted as financial adviser to FuturaGene in connection with a recommended all cash offer

                               Evolution acted as financial adviser to FuturaGene Plc
                                in connection with a recommended all cash offer by
                                                      scheme of arrangement


Evolution acted as financial adviser to FuturaGene Plc in connection with its recommended acquisition by Suzano Trading Limited (“Suzano”), a wholly owned subsidiary of Suzano Papel e Celulose, by a Scheme of Arrangement. The Scheme became effective on 13 July 2010.
The total consideration paid by Suzano was £59.2milion, equivalent to 90p per share, and represented:

- A premium of 7.1 per cent. to the Closing Price of 84 pence per FuturaGene Share on 22 February 2010, the last business day prior to the announcement that FuturaGene had received an approach which may lead to an offer; and

- A premium of 35.3 per cent. to the Closing Price of 66.5 pence per FuturaGene Share on 12 May 2010, the last business day prior to the announcement of the bid terms.

09-07-10
Evolution acted as Co-Manager to a £707m placing for Vallar PLC

                             Evolution Securities Limited acted as Co-Manager
                                    to a £707m placing for Vallar PLC (VAA.L)


Evolution acted as Co-Manager with Liberum Capital for Vallar PLC in connection with a placing to raise £707 million by the issue of 70.7 million ordinary shares at an issue price of £10 per share.

• Vallar is a new company set up to acquire mining assets

• Vallar is managed by Nathaniel Rothschild and James Campbell

• Net proceeds of the placing will be used to acquire a single major company,
  business or asset that has significant operations in the global metals, mining and
  resources sector

• Credit Suisse acted as Global Coordinator and Joint Bookrunner

• J P Morgan acted as Joint Bookrunner

• Evolution and Liberum acted as Co-Managers


07-07-10
Appointment of Steve Bartlett as head of private company and private equity coverage

Appointment of Steve Bartlett as head of private company and private equity coverage

Evolution Group, one of the UK’s leading independent investment banks, announces the appointment of Steve Bartlett, who joins the corporate finance team as head of private company and private equity coverage, with immediate effect. Steve will be responsible for leading Evolution's growing focus on private companies and the private equity market. Steve will report to Garry Levin, Evolution's head of the corporate finance division.

This important appointment marks Evolution's recognition of the strategic importance of the private equity market, private company M&A and the opportunities that exist for Evolution to bring a new approach to this market.

Steve has 20 years experience as an advisor, focussing on private company M&A and private equity, and is a chartered accountant. Most recently, Steve operated his own advisory practice. Prior to that, Steve spent five years in the London Corporate Finance team of BDO LLP where he was a partner . Before that, he worked at Phoenix Equity Partners and PricewaterhouseCoopers.

Steve has spent most of his career focused on private equity, either selling businesses for private equity houses, advising them on investments or helping management teams raise funds or complete management buy-outs.

Steve has advised on a range of transactions including: Cath Kidston, Racal Acoustics, Hydrasun, Musto and The Groucho Club.

Announcing the appointment, Evolution Group Chief Executive, Alex Snow, said:

“Steve’s appointment is a new direction for Evolution and marks a real ambition to establish a new and meaningful presence in the private company and private equity mid-market. This is an area of the market which has historically not been a focus for Evolution, but we recognise the potential to bring together our existing activities and relationships with his personal sector expertise and experience. This will generate real value and deal opportunities in the market.”


10-06-10
Appointment as Joint Broker to European Goldfields Limited

10 June 2010 

Evolution Securities Limited Appointed Joint Broker to European Goldfields Limited

European Goldfields Limited is an AIM Listed, £724m market cap, developer-producer with 10 million ounces of gold reserves located within the European Union. The Company has a cash-flow positive operating mine in Greece is developing 3 significant gold and base metal deposits in Greece and Romania. The Company plans to build on its operating assets by expanding current mining operations, bringing development projects on stream and conducting an aggressive exploration program during 2010.
 

02-06-10
Bodycote plc

2 June 2010


Evolution Securities Limited Appointed Joint Broker to Bodycote plc



Evolution Securities Limited (“Evolution”) is pleased to announce its appointment as Joint Broker, together with Credit Suisse, to Bodycote plc.


Bodycote is the world’s largest and most respected provider of thermal processing services; it operates an international network of facilities, serving a wide range of industries including aerospace, defence, automotive, power generation, oil and gas, construction, machine building, medical and transportation. It has a market cap of c. £380 million.


28-04-10
Appointment of Nick Searle as Head of Mid and Small Cap Sales

 

Appointment of Nick Searle as Head of Mid and Small Cap Sales

 

Evolution Securities Ltd (“Evolution”), one of the UK’s leading independent investment banks, is pleased to announce the appointment of Nick Searle as the Head of Mid and Small Cap Sales, with effect from July 2010. Nick will report to John Mennis, Head of Sales at Evolution.

 

Nick Searle joins Evolution from Oriel Securities where he had been a Senior Salesperson.  He will work alongside Fergus Marcroft and Tim Olivier as well working closely with the mid cap analysts team led by James Wheatcroft.  

Nick’s appointment follows that of Garry Levin as the Head of Corporate Finance for Evolution.

 

Rupert Fraser, Head of Equity Markets, said:

 

"Nick's appointment is another important hire for Evolution Securities. He will enhance our already strong capability in the mid and small cap arena. As ever, Evolution remains completely committed to expanding its reach in this critical area of its business."
22-04-10
African Aura Placing

 

Evolution Securities Limited acted as Nominated Adviser

& Broker

to a £11.3m placing for African Aura Mining

 (AIM:AAAM.L) (TSX-V:AUR.V)

 

 

Evolution acted for African Aura Mining in connection with a placing to raise £11.3 million ($17.3 million) by the issue of 17.4 million ordinary shares at an issue price of 65 pence per share.

 

Net proceeds of the Placing will be used as follows:

 

·    To fund the completion of a Bankable Feasibility Study on the New Liberty

     gold deposit in Liberia (approximately $9m)

 

·    To deliver a maiden resource statement for the Nkout iron ore project in

     Cameroon (approximately $3.8m)

 

·    To deliver a NI 43-101 resource statement for the Weaju deposit in Liberia

     (approximately $1.1m)

 

·    The remaining funds will be used for general working capital purposes.

 

 

 

 

 

 

 

 

 

14-04-10
EMIS Group plc
14 April 2010

Evolution Securities Limited acted as Nominated Adviser & Broker to a £50m Placing and Admission to AIM for EMIS Group PLC (AIM:EMIS)

Evolution acted as Nominated Adviser & Broker in relation to a Placing to raise £50 million for EMIS Group PLC, the UK’s leading supplier of software and related services to GP practices. The Placing consisted of 16,666,667 ordinary shares including 8,333,334 new ordinary shares, at an issue price of 300p per share.

The net proceeds of the Placing will be used to repay a loan to the company from the Founder Shareholders.

The market capitalisation on Admission was £175 million.
11-03-10
Evolution Securities Limited Appointed Nomad and Joint Broker to Circle Oil PLC
Evolution Securities Limited (“Evolution”) is pleased to announce its appointment as Nomad and Joint Broker to Circle Oil PLC with immediate effect.

AIM listed Circle Oil is an international oil & gas exploration, development and production Company with an expanding portfolio of assets in Morocco, Tunisia, Oman, Egypt and Namibia with a combination of low-risk near-term production and significant exploration upside potential. Circle Oil has a market cap of approx. £145m.
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15/07/10
Evolution acted as financial adviser to FuturaGene in connection with a recommended all cash offer read more

09/07/10
Evolution acted as Co-Manager to a £707m placing for Vallar PLC read more

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