Newly established Wilmslow-based Stockbrokers XCAP Securities are pleased to announce that the company successfully floated on the AIM market of the London Stock Exchange this morning.
The company, which is centrally situated in Crown House close to Wilmslow railway station, has recently completed its recruitment of a team of five stockbrokers, previously with Manchester based WH Ireland Limited. The new team: Alan Freeman, Drew Garland, Geoff Lord, James Igoe and Kas Kabbani come with a combined 120 years of professional stockbroking experience.
In addition to the full range of private client services: portfolio management, advisory and execution dealing , ISA and SIPP investment, the team is winning fund management business at home and abroad.
Daron Lee, XCAP's chief executive, said: "We are delighted to be able to announce our admission to trading on AIM. We have had extremely positive reactions from a wide range of investors and the fact that our IPO completed successfully in challenging market conditions is testament to the long-term growth potential offered by XCAP. Our Corporate, Market-Making, Retail and Institutional Broking teams have made an extremely encouraging start and the immediate outlook is positive. We look forward to entering the next phase of our growth and delivering value for all shareholders."
"When we conceived XCAP in early 2009, a presence in the North West, in addition to the City of London, seemed obvious given the already strong connections we have in Manchester and its environs.
"We are committed to quality stockbroking and our Wilmslow team will enjoy the independence which has enabled them to provide personally tailored services to private clients, charities and corporate bodies over many past years."
