SMALL CAP MOVERS: Broker Numis Corporation accepts £385m takeover by Deutsche Bank
Summary
AIM-listed Numis is one of the businesses that is largely unseen but pivotal to the smooth running of the small- and mid-cap sector of the equity market, raising money for these companies as well as providing advice and M&A support. The online wine merchants market valuation took an 80 per cent battering come December 31, propelled by a less-than-rosy trading update in the middle of the year. As a result, Naked Wines shares surged 13 per cent to 118p on Thursday, and while there was a correction back to 113p on Friday, it was still a top performer among the AIM-listed retail and consumer set. James Fisher & Sons, the provider of specialist services to the shipping, oil and gas sectors, also navigated out of its recent doldrums as investors welcomed a new £210million lending facility. Chairman Paul Atherley said the pairs additional investment reflects their confidence in our strategy and growth prospects, and their request to participate in future equity raises a clear endorsement of our business, demonstrating long-term alignment with our goals.