AMBR Ambrian

 

TIDMAMBR 
 
RNS Number : 1938T 
Ambrian Capital PLC 
02 June 2009 
 

 
 
02.06.09 
Ambrian Capital plc 
 
 
Result of Annual General Meeting 
 
 
 
 
Ambrian Capital plc ("Ambrian Capital" or "the Company") announces that at its 
Annual General Meeting held today all resolutions were passed. 
 
 
Lawrence Banks, Chairman of Ambrian Capital, updated shareholders with the 
following statement : 
 
 
"Ambrian Capital has had an excellent start to the year with revenues and 
profits in the first five months ahead of the same period last year. Our balance 
sheet remains highly liquid. 
 
 
Our Commodities business, and in particular physical metals merchanting, has 
benefitted from record flows of refined copper into China and the sharp rally in 
the copper price since the start of the year. The Corporate Finance & Equities 
business has seen a pick-up in activity across the board, with our stockbroking 
and market making activities performing well as a result of the rebound in the 
share prices of natural resources companies. We are also advising on a number of 
major M&A assignments and have completed several equity financings in the mining 
and cleantech sectors. 
 
 
Although Chinese imports of metals are declining from the high levels we have 
experienced in recent months, Ambrian Capital's mix of businesses - equities, 
futures and physicals - positions it well to benefit from the eventual recovery 
in world-wide demand for natural resources." 
 
 
Enquiries 
 
 
+-------------------------+-------------------------+----------------------------------+ 
| Tom Gaffney             | Simon Law               | Charlotte Kirkham                | 
| Chief Executive Officer | Fox-Pitt Kelton         | M: Communications                | 
| Ambrian Capital plc     | Tel: +44 (0)20 7663     | Tel: +44 (0)20 7153 1531         | 
| Tel: +44 (0)20 7634     | 6023                    |                                  | 
| 4700                    |                         |                                  | 
|                         |                         |                                  | 
+-------------------------+-------------------------+----------------------------------+ 
 
 
Notes to Editors : 
 
 
Ambrian Capital plc 
 
 
Ambrian Capital (AIM : AMBR) is the holding company of Ambrian Partners Limited, 
Ambrian Commodities Limited and Ambrian Metals Limited. 
 
 
Ambrian Partners Limited is a specialist investment bank focussed on the metals 
& mining, oil & gas, and cleantech sectors. It provides corporate finance 
advice, equity research, sales and trading and market making services. Ambrian 
Partners was ranked first in the AIM Basic Materials Sector in the 
Hemscott 2ndQuarter 2009 Advisers Rankings Guide. Ambrian Partners is a member 
of the London Stock Exchange and is authorised and regulated by the Financial 
Services Authority. 
 
 
Ambrian Commodities Limited is a trader and broker specialising in London Metals 
Exchange cleared base metals futures and options. Its customers include metals 
producers, consumers, merchants, traders and financial investors. Ambrian 
Commodities is an Associate Broker Member of the London Metal Exchange and is 
authorised and regulated by the Financial Services Authority. 
 
 
Ambrian Metals Limited is an independent physical metals trader with particular 
strengths in copper, aluminium and lead. Through Ambrian Metals' offices in 
London and Shanghai and agents in Calcutta, New York, Santiago, Sao Paolo, Seoul 
and Tokyo, it sources non-ferrous metals from producers for distribution to an 
international client base of metals consumers and merchants. 
 
 
Further information on Ambrian Capital is available on the Company's website: 
www.ambrian.com 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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