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A Texan oil and gas exploitation company is to add new assets to its portfolio after raising almost £40 million by joining AIM.
Stockbroking firm Seymour Pierce has appointed experienced City mover Johnny Sutton to head its equities team. Previously of UBS, Dresdner Kleinwort Wasserstein and, most recently, CA Chevreux, Sutton replaces Richard Ratner in the role of head of equities, with the veteran analyst (known in the City as ‘Ratty’) moving into the new role of vice chairman.
AIM will welcome yet another cash machine operator to its ranks next week, through the arrival of Cashbox. Advised by Seymour Pierce, the company originally planned to make its debut today but has postponed its launch by a week after securing some additional last minute funding.
Environmentally friendly household cleaning products developer Biocare Solutions, is looking to raise as much as £4 million of pre-IPO finance, ahead of an expected AIM flotation in the first quarter of 2006.