9 Feb 2021 07:11
9 February 2021
Nucleus Financial Group plc
("Nucleus" or the "Company")
Recommended Cash Offer
Nucleus (AIM: NUC), a leading independent wrap platform provider, notes the announcement made earlier today by James Hay Holdings Limited (the "Announcement") of its recommended cash offer for the Company. Further details of James Hay Holdings Limited's offer can be found in the Announcement.
For further information, please contact:
Nucleus Financial Group PLC David Ferguson, CEO Stuart Geard, Chief Financial Officer | +44 (0)13 1226 9800 |
Shore Capital (Nominated Adviser and Broker) Corporate Advisory: Hugh Morgan / Edward Mansfield / Daniel Bush
| +44 (0)20 7408 4090
|
Camarco (Media enquiries) Jennifer Renwick / Jake Thomas
| +44 (0)20 3757 4994 |
About Nucleus
Nucleus is an investment platform provider founded in 2006 by advisers committed to aligning their interests with their clients to alter the balance of power in the industry and put client interests centre stage. Its technology and data-oriented platform has been built in partnership with users and now provides services to more than 1,400 active adviser users from a total user base of some 2,880 advisers from 879 financial adviser firms as at 31 January 2021. It is responsible for AUA of c£17.4 billion on behalf of more than 101,000 customers.
The multi award-winning platform offers a range of custody, trading, payment, reporting, fee-handling, research and integration services across a variety of tax wrappers and more than 6,500 asset choices including cash, OEICs, unit trusts, offshore funds, structured products and listed securities, including ETFs and investment trusts. The platform currently facilitates over 1.1 million customer account transactions on average per month.
Nucleus has been awarded CoreData's 'Best medium sized platform' for 2020 (and the last nine years). It has also been awarded a 5-star service rating at the 2019 and 2020 Financial Adviser Awards, the Schroders 'Platform of the Year' award for 2016, 2017 and 2018 (and highly-commended 2020 runner up) and won 'Best Platform' and 'Platform Innovation' at the 2018 Money Marketing Awards.