Press Release

Panmure Gordon acts for European Wealth Group Limited (AIM: EWG) in placing 2.5m new shares raising £2.0m


Panmure Gordon, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as nominated adviser and sole broker on behalf of European Wealth Group Limited ("the Company"), the fast growing wealth management group, in placing 2.5m new ordinary shares at 80p per share with new and existing investors, raising £2.0m gross.

The Directors intend that the proceeds will be used by the Company in the acquisition of high quality businesses in the wealth management industry, towards the recruitment of experienced revenue generating staff and to strengthen the Company.
An Extraordinary General Meeting of the Company is to be held on 12 June 2015.

Media Contact

Montfort Communications


or contact us at Panmure

More News & Views

Top Top