NEWS
19 August 2010
Cenkos advised Masawara plc, a Zimbabwe focused investment company, on their recent IPO raising US$25 million. Masawara,
which has a market capitalisation of US$85 million on float, intends to pursue high quality new investment opportunities
in Zimbabwe, adding to an existing portfolio of Zimbabwean assets, to participate in the recovery of Zimbabwe’s
economy.
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17 August 2010
Cenkos acts as NOMAD and broker to raise £50 million for Marwyn Materials who announced on 17 August 2010
that it had conditionally acquired Breedon Holdings Limited, a large independent UK aggregates producer.
The net proceeds of the placing will be used to pay down some of the Breedon Group's debt and provide
approximately £25.0 million to fund the ongoing working capital of the Enlarged Group and to finance
potential future acquisitions.
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13 July 2010
Cenkos advises Ruffer Investment Company on the publication of its circular.
12 July 2010
Cenkos acted as NOMAD and joint broker to Avanti Communications Group plc which announced a conditional placing of
16,279,070 new ordinary shares with existing and new institutional shareholders to raise a total of £70 million
(before expenses). The Placing is conditional upon the passing of certain resolutions at a General Meeting to be held
on 28 July 2010 and admission is expected to occur on 29 July 2010.
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9 July 2010
Ithaca Energy Inc., as part of a US$150 million placing and ‘bought deal’ fundraising, is pleased to announce that Cenkos
has conditionally placed, with investors in the UK, 45,062,284 common shares of Ithaca at a price of £1.07 per common share
for aggregate gross proceeds of approximately £48.2 million.
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6 July 2010
Cenkos acted as NOMAD and broker to eXpansys plc in its acquisition of Data Select Network Solutions and PJ Media. The
transaction constituted a reverse takeover under the AIM Rules. Cenkos has conditionally placed 535,714,286 shares at
5.6 pence per share raising £30 million. A General Meeting will be held on 23 July 2010 and Admission is expected on
26 July 2010.
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