LONDON (Alliance News) - Numis Corp PLC on Tuesday said its deal pipeline is strong and includes prospects for both client fundraisings and mergers & acquisitions.
Speaking at the corporate advisory and stockbroking group's annual meeting of shareholders, Chairman Gerald Corbett said Numis has completed 20 equity finance transactions, including 8 IPOs, together with a number of advisory mandates, since the start of the 2016 financial year ending September 30.
"While we remain sensitive to recent increased volatility in the equity markets and the wider impact of global economic concerns arising from the Far East, our deal pipeline is strong and includes both fund raising and M&A prospects for the coming year," Corbett said.
Shares in Numis were up 0.3% at 219.25 pence on Tuesday late morning.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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