XCAP was formed in mid 2009 with the intention of establishing an independent corporate finance and broking business focusing on the small to mid-cap market and on corporate clients whose securities are traded on AIM and the Official List. FSA authorisation was received on 17 May 2010, membership of the London
Stock Exchange was achieved on 23 June 2010, CREST membership was achieved on 24 June 2010 and operational business has now formally commenced.
The Company's business encompasses market making,
equity sales and trading, retail and institutional broking and fund management, as well as traditional corporate finance advisory activities.
The Directors see an opportunity in the current market and business climate for a well capitalised, full service entity which is able to attract high-calibre staff and service a diverse quality client base.
Listing exchange: AIM
Expected first day of trading: 2010-08-27
Expected money raised: TBC
Any information, prospectus or other document, or any hypertext link to any of the aforesaid should not be construed as advice on investments or a personal recommendation by ALL IPO plc and is being offered on an execution-only basis. Any decision to invest should be made only after careful consideration of the relevant documentation and particularly after acceptance of the full terms and conditions relating to the specific investment opportunity. Share prices, values and income can go down as well as up and you may get back less than the amount you invested. If in doubt about the suitability of investments referred to in this communication and on our website, you should consult an investment adviser authorised under the Financial Services and Markets Act 2000.
