Share plc was established in February 2000 as the parent company for a number of subsidiaries engaged in stockbroking related activities. Share plc's principal operating business, The Share Centre, began operations in April 1991 to provide self-select share services for personal investors and is the main revenue-producing entity of the Group. The Share Centre is now one of the UK's leading independent retail stockbrokers.
The Directors believe that admission to AIM will be beneficial for the Company's business because it will:
(i) enhance the profile of the Group with its existing and new customers;
(ii) facilitate acquisitions either through the issue of equity or via a placing; and
(iii) assist the Company in the recruitment, retention and incentivisation of key staff through the use of share based incentives.
