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Pin to quick picksPristine Capital Company Homepage (PRIS)

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Share Price Information for Pristine Capital (PRIS)

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0.45    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 0.00 (0.00%)
Market Cap: £723.26k
PRIS Live PriceLast checked at - London Stock Exchange

Intraday Pristine Capital Share Chart

Company Overview

Pristine Capital Plc — a company with a renewed vision and fresh leadership, committed to unlocking opportunities in the commercial real estate sector. Formerly known as More Acquisitions Plc, they have rebranded to reflect their strategic focus on property investment and growth.

Reasons to add PRIS to your watchlist:

  • Listed on the Main Market of the London Stock Exchange (PRIS.L) and successfully raised £1.2m in March 2022
  • I January 2024, Neil Sinclair, Stanley Davis and Andrew Perloff subscribed for £312,000 of new shares at £0.01 per share taking control of the Board
  • Significant management expertise including listing multiple companies, building a portfolio with a value of £280mln and paying dividends to shareholders
  • Distressed Real Estate market presents the opportunity to rapidly create a high income and high growth portfolio
  • A number of discussions now underway for suitable commercial Real Estate acquisition targets, either a commercial portfolio or private property company
  • Gap in the real estate sector for a high-growth, small-mid cap property investment play
  • Alternative funding available to listed entities through issue of ordinary shares to the vendors to rapidly move to scale
  • Senior management fully aligned with external shareholders
  • Timely opportunity for significant out-performance as investor sentiment recovers on the London Stock Exchange in general and improving real estate sector valuations in particular

Investment Case

Key Management

Neil Sinclair

Neil Sinclair
Executive Chairman

Neil Sinclair
Neil Sinclair
Executive Chairman

Neil Sinclair has over 60 years' experience in the real estate sector. He was co-founder of Sinclair Goldsmith, Chartered Surveyors, which was admitted to the Official List in 1987. It subsequently merged with Conrad Ritblat in 1993, when he became Executive Deputy Chairman. Neil was Chairman of Baker Lorenz, surveyors in 1999, which was sold to Hercules Property Services plc in 2001. He was appointed a non-executive director of Tops Estates plc in 2003 and remained so until it was sold to Land Securities plc in 2005. He co-founded Palace Capital plc with Stanley Davis in July 2010 and helped build a £280m portfolio. He served as Chief Executive Officer until June 2022.

Stanley Davis

Stanley Davis
Non-Executive Director

Stanley Davis
Stanley Davis
Non-Executive Director

Stanley Davis is a successful entrepreneur who has been involved in the City of London since 1977. He founded a company registration agent, Stanley Davis Company Services Ltd, which he sold in 1988. In 1990 he became Chief Executive of a small share registration company which became known as IRG plc. It acquired several businesses including Barclays Bank Registrars and was sold in April 2000 for a substantial sum to Capita Group plc. He was Chairman of Stanley Davis Group Ltd, specialising in company formations, property and company searches. It was sold in June 2020 to Dye & Durham listed on the Toronto Stock Exchange. He co-founded Palace Capital plc with Neil Sinclair in July 2010 and helped build a £280m property portfolio. He served as Chairman until December 2021.

Charles Goodfellow

Charles Goodfellow
Non-Executive Director

Charles Goodfellow
Charles Goodfellow
Non-Executive Director

Charles Goodfellow is a corporate broker with over 25 years' experience of raising funds for small and mid-caps and private companies across a range of sectors and jurisdictions. This includes a specialised focus on oil and gas, and clean and renewable technology. In addition, he was previously a Director of Acorn Growth plc (re-named Vodere plc). Proficient in six languages, Charles has studied and worked globally and brings a wealth of experience and broad outlook to the team.

Key Data

Mkt. Cap £723.26k
Shares 160.72m
Volume 0
52 Week High 0.65
52 Week Low 0.375
AGMn/a
Final Resultsn/a
Interim Resultsn/a

Key Fundamentals

Pre Tax Profit

Total Assets

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