RSS

Commodity Watch lists on PLUS

Article Date:  Apr 18 2007 Rebecca Curwin

Commodity Watch, which supplies information to investors, has listed on PLUS Markets. It issued some 5.2 million shares at 100p each, giving the company a market capitalisation of £5.2 million. The company now aims to expand its websites and events businesses.

As of April 2007, Commodity Watch’s editor and director Charles Wyatt held a 28.68 per cent stake in Commodity Watch, while equity investor Ambrian Capital owned a 24.42 per cent holding. Overall, the directors held a 41.64 per cent stake. Commodity Watch's non-executive director Malcolm Burne is chairman of Ambrian.

Based in London, Commodity Watch provides news and information on companies in commodity-driven sectors, such as mining, green energy, and agriculture. The company owns three websites – Minesite.com, PowerAlternatives.com and Agriprods.com – and runs events in London, Paris, Geneva and Zurich.

Commodity Watch made a turnover of about £770,300 for Year-End December 2006. It also made a profit of some £142,900. For the 18 months to December 2005, it generated a turnover of about £863,600 and a profit of some £229,000.

Corporate adviser to Commodity Watch is Loeb Aron & Company, while its registrar is Capita Registrars.

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Selecting the right IT strategy in 2010

Owner managers and CEOs of fast-growing companies want IT-applications that accelerate competitive advantage and improve operational efficiency. This free whitepaper helps you plan and choose the right IT strategy for your business in 2010. Download ‘Selecting The Right Software Vendor’.

Get started with Barclays Business Banking

Choose from 3 great Start-up packages offering a range of business and banking solutions, from cashflow management software (QuickBooks or Sage) to VAT management solution. Plus, up to 2 years FREE banking (conditions apply). Apply online.

Secure early payment for your unpaid invoices with Simply Business

Simply Business works with a carefully selected panel of the UK's leading factoring and invoice discounting providers. Find out your cash flow options in minutes, you could have 90% of your invoices paid in 24 hours. To find out more click here

Research

  • Directors' Pay AIM 2009

    What should an AIM company pay its CEO or FD?
    What should a non-executive director or chairman expect to be paid?
    What benchmarks should AIM remuneration committee members be using when
    setting pay?

VCT Special Report 2009

This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.

Cash Shells Special Report 2009

A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape.

More

Events Calendar

The Media Magnate Awards 2009

26th March, Vinopolis, London

More

More News: IPO & City News

Jeyes in £20 million refinancing

Hygiene product company Jeyes, which is part-owned by private equity firm LGV Capital, has secured an asset-based lending facility worth £20 million.

Growth companies to benefit from fundraising bonanza

As much as £300 million is expected to be raised this tax year for investment in growing businesses, according to fund managers.

Jaeggi to chair The Founders Club

A network of VC-backed entrepreneurs who agree to share profits from their exits has appointed private equity chief André Jaeggi as group chairman.

Advertisement

Related articles

Investors deserting small-caps, says VCT

Julian Avery, chairman of Invesco Perpetual’s AIM VCT, says the sharp decline in the fund’s assets reflects ‘extreme aversion to investment in UK companies with low market capitalisations’. Net assets shrunk to £28.4 million in the year to May, a decline of 41.4 per cent.

August-TMN deal falls through

A planned acquisition of online direct marketing company TMN Group has fallen through after the would-be buyer failed to secure sufficient debt, according to a statement from TMN. August Equity, which offered 70p per share for the AIM-listed company in May, was ‘unable to secure sufficient third-party debt financing to support an offer acceptable to the board’.

Smoothie business to raise £500,000

The Original Smoothie Company, a recent entrant to the UK drinks market, is planning to raise £500,000 by a private placing of four million shares through corporate finance house City One Securities. The company will have a market capitalisation of about £1.75 million if the placing is fully subscribed.

State funds friends, not foes

The rise of sovereign wealth funds (SWFs) does not present a serious threat to Western economies, according to research from two US- and UK-based academics. On the contrary, the state-owned investment vehicles offer relatively cheap finance and can be credited with ‘saving the banking system of the West’ last winter, claims Professor William Megginson of the University of Oklahoma.

Poll

What should Alistair Darling deliver in the Budget?




Have your vote on current issues

People who read this also read

  • Smoothie business to raise £500,000

    The Original Smoothie Company, a recent entrant to the UK drinks market, is planning to raise £500,000 by a private placing of four million shares through corporate finance house City One Securities. The company will have a market capitalisation of about £1.75 million if the placing is fully subscribed.

  • Avacta attracts new names

    Some new well-known names, as well as key directors and enthusiastic existing backers, took part in a £2.71 million placing priced at 2.5p for Avacta, the University of Leeds biophysics spin off, arranged by new joint broker BankOra.

  • AIM IPO for foam manufacturer

    FoaMasters, a Jersey-incorporated company that manufactures foam and related products through eight factories in China and Vietnam, has floated on AIM with a market capitalisation of US$64 million (£31.4 million).

  • Drug developer in lively debut

    Nervous disorders drug developer Neuropharm nudged up by 14.5p to 141.5p on its AIM debut last week, following a £20 million placing at 127p.

  • Get the right exit price

    It's more important than ever for those selling their business to think about the key points the buyer will find attractive.

White Papers

Better Roads

Serves the information needs of governments and construction contractors involved in Federal, State, County, City and Township highway, road and bridge construction, winter maintenance, roadside and vegetation management and other highway-related projects.

Defense Technology International

Is the one publication focusing on the critical role of defense technologies in programs, policies, programs and funding, providing readers with integrated intelligence and global perspective in Land, Sea, and Air.

FierceGovernmentIT

Is a free, three times a week email briefing for government employees and contractors on the latest government technology news.

More