The latest Liberum Consumer Survey is revealing an increase in the confidence of the British public but also shows rising expectations of an interest rate hike and identifies what expenditure is at risk from that. The survey is compiled by Liberum Media Analysts Ian Whittaker and Lisa Hau. You can follow Ian on Twitter.
Click on the image below to see our infographic.
Methodology: 1,001 respondents were asked their views in April/May 2014. Respondents 48% males and 52% female), across age groups and split by social classes A-B: 28%, C1-C2: 43% and D-E: 28%. The survey has been running since September 2009 and our index is derived through weightings applied to the net positive scores of the factors. Job security (20%), Mortgage Payment Outlook (15%), Tax Outlook (12%) and Housing (20%) are key factors which we place a greater weight on.
Contact George Parrett at Redleaf Polhill for more information:
Topps Tiles PLC (Ticker: TPT LN), the UK's leading tile and wood flooring specialist, has named Liberum as Joint Corporate Broker.
The group, with a market capitalisation of £200 million and listed on the LSE Main Market, has grown to incorporate 1,500 specialist experts and over 300 stores nationwide, with more openings in the pipeline.
It supplies tiles and associated accessories for the refurbishment of UK domestic housing to both a trade and retail customers.
The Liberum team consists of Jeremy McKeown, Jeremy Smith and Julian Collett (Sales), Sanjay Vidyarthi and Adam Tomlinson (Research), Neil Patel and Jamie Richards (Investment Banking) and Marcio Remedios (Corporate Access).
Contact George Parrett at Redleaf Polhill for more information:
P2P Global Investments (Ticker: P2P LN), the first UK-listed company dedicated to investing in loans originated by leading peer-to-peer platforms around the world, undertook a successful initial public offering May 28th, 2014, raising £200 million. Liberum acted as Sponsor and Sole Bookrunner.
The company is structured as a UK Investment Trust and Marshall Wace LLP and Eaglewood Capital Management LLC have been appointed as Investment Manager and Sub-Manager, respectively. The company is listed on the Premium segment of the Official List and Main Market of the London Stock Exchange.
Liberum is Corporate Broker to P2P Global Investments.
The company aims to deliver attractive dividend income and capital growth with exposure to the new generation of non-bank finance.
“The successful creation and listing of P2P Global Investments…is a significant step forward in the development of this dynamic new sector,” Simon Champ, CEO of Eaglewood Europe, said.
"I am delighted by the strong demand we have received from investors to our Placing and Intermediaries Offer,“ Jonathan Barlow, CEO of Eaglewood Capital, added. “I believe this is testament to the strength of Eaglewood’s investment management proposition, coupled with the level of interest in the growing peer to peer sector.”
The Liberum team consisted of Simon Atkinson, Tom Fyson and Josh Hughes in Investment Banking, Cormac Leech and Karen Lucey in Research, James Bouverat in Sales, David Parsons in Equity Capital Markets and Regan Connor in Corporate Access.
James Bouverat was last week voted #1 in Specialist Sales in the UK Small & Mid Cap category of the widely-watched Extel Survey of some 16,000 fund managers and institutional investors. Liberum rose to second place in the category from fifth last year.
Volution Group (Ticker: FAN LN), best known for market-leading ventilation brands in the UK and Continental Europe such as Vent-Axia, Torin-Sifan and inVENTer, successfully priced its initial public offering June 18th, giving it a £300 million market capitalisation. Liberum was joint bookrunner on the IPO.
Below: Volution's brands
It is the fifth IPO Liberum has been involved with in the first half of this year and follows CityFibre, Manx Telecom, P2P Global Investments and GAME Digital.
Volution manufactures and supplies ventilation and combustion fans, energy recovery systems, low energy motors and blowers.
It listed on the Premium segment of the Official List and Main Market of the London Stock Exchange.
The offering was priced at 150 pence a share and raised £100m.
“We are delighted to have achieved our objective of an IPO and secured the support of investors for the management team and future plans of Volution,” said Ronnie George, Chief Executive Officer of Volution.
“We will continue to focus on our growth strategy, both organically and by acquisition, providing our customers with market leading ventilation products and our investors with long-term value,” he added.
The Liberum Team consisted of Neil Patel, Richard Bootle and Thomas Bective (Investment Banking), Charlie Campbell (Research Analyst), Jeremy McKeown (Sales), David Parsons (Equity Capital Markets) and Jenni Herbert and Marcio Remedios (Corporate Access).
Contact: George Parrett at Redleaf Polhill for more information:
Photo-Me International plc (Ticker: PHTM LN), the world’s leading operator and manufacturer of automated photobooths, has named Liberum as its Joint Corporate Broker.
Founded in 1946 and now listed on the LSE Main Market with a market capitalisation of £500m, Photo-Me has operations in several countries including the UK, Indonesia, Japan, Philippines, Germany and France.
In addition to its famous photobooths, it operates, sells and services a range of instant service equipment such as digital printing kiosks, business service equipment and coin-operated washing machines.
Go to the Photo-Me website >>
Its client team at Liberum consists of:
Sales: Jeremy Smith
Research: David Brockton
ECM & Investment Banking: David Parsons, Richard Crawley, Jill Li
Corporate Access: Marcio Remedios
Contact: Emma Kane/George Parrett at Redleaf Polhill +44 (0) 20 7382 4747
Email them at firstname.lastname@example.org
Liberum Tuesday achieved its best results in its seven-year history in the latest Thomson Reuters Extel Survey results, the annual analyst surveys which rank broker and independent research based on the responses from more than 16,000 fund managers and institutional investors.
Liberum rose to second place in the key category: Leading Pan European brokerage firm - UK Small & Mid Caps. In 2013, Liberum ranked fifth.
Both Liberum’s Support Services and Chemicals research teams maintained number one positions in the survey, headed up by Joe Brent and Adam Collins, respectively. Andrew Whittock’s Oil & Gas team jumped from fifth last year to the number one spot in the 2014 survey.
Its Alternative Investment Funds Sales and Research teams achieved number one positions too, with James Bouverat voted into the top slot in the Specialist Sales category.
Liberum’s research teams also ranked in the top three in four other sectors, including Capital Goods (3rd), Construction (2nd), Real Estate (3rd) and Transport and Logistics (3rd).
Joe Brent, Head of Research at Liberum, was also the highest ranked research analyst in the UK Small & Mid Caps category, retaining his position along with Liberum’s Support Services analyst, William Shirley, in second place.
The trading execution team also jumped nine places, up to third.
“One of Liberum’s ambitions is to change the game in equity analysis and improve on our already excellent research offering," Simon Stilwell, Liberum CEO, said Tuesday.
“Powerful information and analysis is at the heart of what Liberum does," he added. "Today’s survey results prove that Liberum’s research teams understand the need for simple and influential analysis that meets client requirements head on.
“I am proud of Liberum’s performance in the investment community and I am confident that we can improve on these in years to come.”
Liberum is an independently-owned pan European investment bank. The firm’s core activities are research, sales and trading in large, small & mid cap pan-European equities, as well as investment banking and advisory services including IPOs, secondary issues and mergers and acquisitions.
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+44 (0)20 3100 2235
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+44 (0)20 3100 2177
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