Lms Capital Regulatory News (LMS)

12 Jun 2006 08:00

Leo Capital Plc12 June 2006 12 June 2006 Leo Capital plc ("Leo Capital" or "The Company") joins AIM Leo Capital, an investment company with stakes in public and private US and UKcompanies and funds, today announces the first day of trading of its shares onthe AIM market of the London Stock Exchange, under the ticker LEOC.L. Admission to trading follows a demerger from London Merchant Securities. Thecompany has announced its results for the year ended 31st March 2006 today andreported a pro forma net asset value per share at 31 March 2006 of 90 pence pershare. N M Rothschild & Sons Limited is acting as lead financial adviser and nominatedadviser to Leo Capital plc. JPMorgan Cazenove Limited is acting as jointfinancial adviser and corporate broker to Leo Capital plc. Robert Rayne, Chief Executive, commented: "This is a very significant day for Leo Capital as it starts life as anindependent public company. It has had a long and successful track record aspart of London Merchant Securities. This admission allows Leo Capital thefreedom to manage its assets, pursue an independent business plan and developits own shareholder base. Leo Capital has clear investment objectives which are to invest in definedgrowth sectors where management have prior investment experience and/or in whicha major "platform" investment can be made, and seek realisations where thecompany believes the proceeds could generate better returns deployed elsewhere.The principal sectors for investment are Energy (including alternative energy),Applied Technologies, Media and leisure, and Healthcare and medical." Enquiries Leo Capital plcRobbie Rayne Acting Chief Executive Officer 020 7935 3555Tony Sweet Chief Financial Officer 020 7935 3555 BrunswickSimon Sporborg 020 7404 5959Nina CoadAlex Tweed This information is provided by RNS The company news service from the London Stock Exchange