OFEX Deal Monitor Launched
September 04 2003 - 7:02AM
UK Regulatory
OFEX DEAL MONITOR LAUNCHED
OFEX and information provider RedSky Research, publishers of The AIM & OFEX
Newsletter and The AIM & OFEX Deal Monitor, have combined to provide a free
online searchable database of OFEX flotation and M & A information for
potential market entrants.
OFEX Deal Monitor, compiled and published by RedSky Research, provides detailed
financial information about recent OFEX flotations, including costs, to aid the
decision-making process for companies considering joining OFEX.
One of the difficulties facing potential OFEX companies is how to choose an
adviser. OFEX itself must remain independent during this process, and has been
researching ways to empower enquirers with a tool to aid this process.
The online database currently contains details of:
* 67 OFEX new issues since March 2001
* 142 OFEX secondary issues since March 2001
* 57 OFEX company mergers or acquisitions
* Amounts being raised at flotation and the costs
* Most active advisers, lawyers, and the individuals involved
* Most active sectors
* PDF copies of prospectus where available
This database is available free at www.dealmonitor.co.uk/ofex/ for those
completing a short registration process. The initiative is launched today.
Jonathan Jenkins, Joint Managing Director said: "Potential OFEX companies can
now, for free, search on-line for which advisers they wish to approach to help
them to join the market."
The OFEX Deal Monitor is an independent research tool, which not only makes it
possible to assess who the active professional are, but also gives an
indication of the costs involved. We are delighted to have this functionality
available on our site and will encourage every new lead that we receive to make
use of this database".
The OFEX membership now totals over 70 corporate advisers and over 100 broker/
dealers, and recently announced the widening of the OFEX community to also
include accountants, lawyers and media service providers. All of these will be
listed in the hardcopy 2004 OFEX Directory and via the OFEX website on
www.ofex.com.
Andrew Griffiths, chief executive at RedSky Research commented: "We are
delighted to be able to provide OFEX candidates with the essential information
required to allow them to make informed decisions before their flotation, and
assist in making the process a success."
For RedSky Research enquiries, please contact Andrew Griffiths on 01483 307307
or e-mail andrew.griffiths@redskyresearch.com
For OFEX enquiries, please contact Jonathan Jenkins on 020 7423 0800 or email
enquiries@ofex.com
NOTES TO THE EDITORS
About RedSky Research
RedSky Research is an award-winning business and investment publisher. Its
titles include The AIM & OFEX Deal Monitor, The AIM & OFEX Newsletter, Small
Cap Shares and the IHT Shelter Report. www.redskyresearch.com
About OFEX
OFEX plc operates the OFEX market in the United Kingdom. The OFEX market
provides a share trading platform for the securities of unlisted and unquoted
companies. OFEX plc is regulated and authorised by the Financial Services
Authority.
In its brief history, OFEX has created a market in which over 450 companies
have raised over GBP1bn using the broad membership of corporate advisers and
broker/dealers.
OFEX Holdings plc successfully floated on the London Stock Exchange's
Alternative Investment Market in late April 2003.
END