Thinking of floating? Meet the experts.
This renewed confidence in the public markets means that flotation is firmly on the agenda for many small and medium-sized companies.
The commonly held misconception that only large companies can go to the public market is also fading fast, with the value of companies going to the public markets last year ranging from just over pounds 0.5m to pounds 6,130m.
The decision to raise finance through the public markets is not one to be taken lightly for any company and getting the right advice in the first instance is vital to getting any float off the ground.
As a first step though, many directors just want to know whether their company is suitable for flotation.
Leading North-East float specialist Ward Hadaway and national stockbroker Williams de Bro' are coming together to help the region's directors decide whether flotation is the right move for their businesses.
On April 14, 2005, these specialist advisers are hosting free one-to-one confidential consultations throughout the day at Ward Hadaway's offices in Newcastle.
Ward Hadaway's flotation partner, David Crone, explained: "In traditional seminars attendees can feel uncomfortable asking questions in an open forum, on such a commercially sensitive issues, as competitors could easily be in the same room.
"With this in mind, we are providing companies with their own private consultation, tailored to the individual company's requirements. Attendees will have the chance to talk confidentially about their company and their needs. They will also have the opportunity to ask questions that are relevant to their businesses."
Ward Hadaway's team has a combined experience of more than 20 flotations, including North-East names such as Biofuels Corporation Plc and Romag Holdings plc. Williams de Bro' is one of the longest established stockbroking firms in the City of London and last year raised funds in excess of pounds 360m for 33 companies throughout the UK, whilst also acting as market maker for 92 small cap stocks.
Companies considering flotation need a team of experienced advisers which includes lawyers and stockbrokers.
The role of the lawyers is to guide companies through the legal formalities of flotation and project manage the process, whilst stockbrokers have, arguably, the most important role as they arrange and manage the fundraising.
The consultations involving Ward Hadaway & Williams de Bro' represent the perfect opportunity for attendees to gain a greater understanding of flotation as a source of funding, in an informal and confidential environment, in the context of their businesses.
Event: April 14
Time: It is expected that each consultation will last up to one hour. For availability, please contact Michelle McBride on (0191) 204-4029
Venue: Ward Hadaway, 102 Quayside, Newcastle upon Tyne, NE1 3DX
Cost: Free of charge (all we ask is that you book)
Parking: Free and convenient parking provided