News Archive

Walbrook PR: Q1 UPDATE & NEW HIRE

Walbrook PR, which provides Financial PR and Investor Relations to Small Cap and AIM listed companies, announces that for the 9 months ended 31 December 2009 it produced a modest profit and that trading in the first quarter of the year has been strong. We are also very pleased to announce that Bob Huxford has joined the Walbrook team from technology focussed financial PR firm ICIS.

Strong Q1 trading

As already announced, we have been appointed to act for three new companies in the first quarter of the year; Coolabi plc, a media company focused on the ownership and creative management of high quality intellectual property assets, and two resources companies; Tower Resources plc and GoldStone Resources Ltd.

In September we began working with Supporta plc, the AIM listed provider of domiciliary healthcare, when the shares were 15.5p. In December we announced an offer of 31p a share from Mears plc to acquire Supporta plc, valuing the business at £27m. The acquisition was approved and completed at the beginning of the year.

We also began acting for veterinary medicine and livestock products supplier Animalcare Group plc at the beginning of the year, when the shares were 100p. Since then Animalcare has been chosen as a share tip for the year by The Yorkshire Post and The Times and was recently recommended by the Midas column of the Financial Mail on Sunday. Last month the shares reached a high of 131p.

Hemscott AIM Rankings for Financial PR

Walbrook continues to rise in the Hemscott AIM Rankings for Financial PR. Having joined the top 20 as recently as last August Walbrook has now reached 13th place.

Staff News

Bob Huxford joins the Walbrook team as an Associate and is our first new hire since starting the business in April 2009. Bob has over 13 years experience in the City and joins from technology focussed financial PR firm ICIS. Before that he was an equity research analyst at Teather & Greenwood specialising in software and IT services. Bob looks forward to broadening his experience across a wider variety of sectors covered by Walbrook. Bob can be reached on Tel: 020 7933 8783, Mob: 07747 635 908 and [email protected].

Also, Louise Goodeve will be going on maternity leave in early May and we all wish her the very best over the coming months.