Last checked at 27 May 2020 09:39
27 May 2020
Supply@ME Capital plc ("Supply@ME" or "the Company")
Initiation of Coverage by Proactive Research
Supply@ME Capital PLC (SYME), the innovative international Fintech Platform which provides inventory monetisation services to European manufacturing and trading companies, is pleased to announce that Proactive Research, the equity research subsidiary of Proactive Investors Limited ("Proactive"), has initiated coverage on the Company.
The full Initiation Note can be accessed, free of charge at:
https://www.proactiveinvestors.co.uk/companies/news/920493/supplyme-capital-plc---initiation-920493.html
It will also available on the Company's own website at: https://www.supplymecapital.com/investor/
Enquiries:
Supply@ME Capital plc c/o Walbrook PR Limited
Alessandro Zamboni, CEO www.supplymecapital.com
Stanford Capital Partners Patrick Claridge / John Howes / Bob Pountney | Tel: +44 (0)20 3815 8880 |
Walbrook PR Limited Tel: +44 (0)20 7933 8780
(Media and Investor Relations) +44 (0)7768 807631
Paul Vann/Nick Rome/Nicholas Johnson supplyme@walbrookpr.com
Notes:
Supply@ME is a fast growing, innovative Company which has developed an alternative FinTech platform focussed on "inventory monetisation" which offers a wide range of manufacturing and trading businesses the means to release capital against the value of inventory, speeding up working capital cycles and improving supply chain efficiencies. Unlike conventional bank funding, the Supply@ME offering is not treated as debt finance on a company's balance sheet. Rather, it is a "true sale" of inventory. The transactions, based on innovative legal schemes, combine detailed regulatory and financial controls with leading-edge technology that allows accurate tracking and recording of inventory. This solution is proving attractive o both clients and investors and is highly scalable.
Supply@ME has originated more than EUR300 million of prospective "inventory monetisation transactions" in its first six months of operation and at the date of its Admission to the Standard List, 23 March 2020, over EUR970 million of prospective contracts have been originated. The target addressable inventory financing opportunity in Supply@ME's markets is estimated to comprise over EUR2 trillion of inventory under management.
Proactive is one of the fastest growing financial media portals in the world, providing breaking news, commentary and analysis on hundreds of listed companies and pre-IPO businesses across the globe, 24/7. Its renowned multi-media business is complemented by events management, smart investor relations delivery and a highly respected research offering.
Visit provider site at http://www.proactiveinvestors.co.uk/