TIDMSHCP 
 
RNS Number : 9867V 
St Helen's Capital PLC 
21 July 2009 
 
PRIVATE & CONFIDENTIAL 
St Helen's Capital Plc 
("St Helen's Capital" or the "Company") 
 
Proposed Disposal of Business and Directorate Change 
 
St Helen's Capital announces that on 20 July 2009 it signed heads of agreement 
relating to the proposed sale, subject to contract, of its business and 
associated assets (the "Disposal")  to Whim Gully Capital LLP ("WGC"), which is 
an FSA authorised firm and a PLUS corporate adviser and broker, for a cash 
consideration of GBP250,000. 
WGC is owned by Edward Vandyk, his wife, Oliver Vaughan and Oliver Cooke. 
 Edward Vandyk and Oliver Vaughan are directors of Evolve Capital plc ("Evolve") 
and its 57% owned subsidiary Astaire Group plc ("Astaire"). WGC has entered into 
heads of agreement with Evolve ("WGC Heads") whereby Evolve will have a period 
of exclusivity to acquire WGC, conditional on and including the benefit of any 
contract WGC enters into with St Helen's Capital. No specific terms in relation 
to the proposed acquisition of WGC by Evolve are contained in the WGC Heads and 
such terms, if agreed, will be determined by the independent directors of Evolve 
in conjunction with Evolve's advisers and will constitute a related party 
transaction under the AIM Rules for Companies. It is also probable that if the 
proposed acquisition of WGC proceeds it will require the approval of Evolve's 
shareholders pursuant to section 190 of the Companies Act 2006 in which case, a 
circular containing further information about the proposed acquisition of WGC 
and convening a General Meeting of Evolve to approve the proposed acquisition 
will be sent to Evolve's shareholders. 
It is envisaged that Evolve may thus acquire an enlarged PLUS advisory business 
which, when the St Helen's Capital and WGC existing PLUS quoted clients are 
combined, will have over 25 PLUS quoted clients and be a significant 
participant in the PLUS quoted market. It is envisaged that the PLUS advisory 
business acquired would trade under the St Helen's name. At the time of its 
flotation on AIM in December 2007 Evolve stated its intention to focus on the 
PLUS quoted market and which it has continued to pursue since its reverse 
takeover of Astaire in December 2008. 
The St Helen's Capital heads of agreement provide that the Disposal is subject, 
inter alia, to completion by WGC of its due diligence exercise and the execution 
of a definitive sale and purchase agreement ("Sale Agreement"). The heads of 
agreement provide a period of 3 months' exclusivity to WGC. 
The Disposal will result in a fundamental change to the business of St Helen's 
Capital and would therefore be subject to the approval of the Company's 
shareholders. Accordingly, as soon as reasonably practicable following the 
signing of the Sale Agreement, a circular containing further information about 
the Disposal and convening a General Meeting of the Company to approve the 
Disposal will be sent to shareholders. If the Disposal is approved at the 
General Meeting, St Helen's Capital intends to continue to be traded on AIM and 
will be treated as an investment company. 
St Helen's Capital also announces that, with effect from 20 July 2009, Barry 
Hocken, head of the Company's PLUS Market Division, has resigned as a Director 
of the Company to pursue other business interests overseas. Barry has agreed to 
act as a Consultant to St Helen's Capital for a period of at least 6 months 
following his resignation. Mark Anwyl will take over as head of the Company's 
PLUS Markets Division. 
The Directors of St Helen's Capital would like to thank to Barry for his immense 
contribution to the development of the Company's PLUS Markets Division and to 
wish him well for the future. 
Enquiries: 
St Helen's Capital Plc020 7628 5582 
Mark Warde-Norbury 
 
Strand Partners Limited (Nominated Adviser to St Helen's Capital Plc)020 7409 
3490 
James Harris 
 
St Brides Media & Finance Ltd (Financial PR to St Helen's Capital Plc) 
                                                 020 7236 1177 
Susie Callear 
 
Whim Gully Capital LLP / Evolve Capital PLC020 7448 4400 
Edward Vandyk 
 
Fairfax I.S. PLC (Nominated Adviser to Evolve Capital PLC) 
Adam Hart and Jeremy Porter020 7598 5368 
 
Maitland (Financial PR to Evolve Capital PLC) 
Neil Bennett and George Hudson 
                                                         020 7379 5151 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DISDBGDRRBDGGCG
ST Helen's Cap. (LSE:SHCP)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 ST Helen
ST Helen's Cap. (LSE:SHCP)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 ST Helen