RE AUCT29 Sep 2014 21:44
Following completion of the Acquisition, the objective of the Company will be to operate the acquired business and implement an operating strategy with a view to generating value for its Shareholders through operational improvements as well as potentially through additional complementary acquisitions following the Acquisition. Following the Acquisition, the Company intends to seek re-admission of the enlarged group to listing on the Official List and trading on the London Stock Exchange or admission to another stock exchange.
The Company's efforts in identifying a prospective target company or business will not be limited to a particular industry or geographic region. The Founders and the Board have extensive experience in sourcing and executing transactions in numerous sectors such as life sciences, resources and technology. Generally the Company would prefer to acquire a business with above average growth prospects.
Business strategy and execution
The Directors have a large network of corporate finance and investment brokers and have collectively sourced, initiated, managed and floated a number of companies over a long period. They have worked with the senior city institutions, investment bankers and have been involved in reconstructions, mergers and acquisitions and corporate transactions of various sizes in various industries. They have global experience in sourcing deal flow. They intend to use this experience in conjunction with their contacts and advisers to target a suitable Acquisition candidate.