Baskerville Capital PLC

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GB00BDZRYX75

Delayed London S.E. Other stock markets			5-day change	1st Jan Change
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2023	Oberon mulls possible AIM float for investee Logic	AN
2023	Oberon predicts swing to profit in 2024 following half-year results	AN

Oberon mulls possible AIM float for investee Logic

December 28, 2023 at 12:50 pm EST

Oberon Investments Group PLC - investment management, wealth planning and corporate broking firm - Says "looking at ways" of realising value in investee Logic Investments, possibly through an IPO on London's AIM market in 2024. Oberon acquired a 63% stake in Logic, a fintech platform for custody and clearing, in June. This deal was funded through the issue of 50.1 million new Oberon shares. In September, Oberon purchased a further 6%, bringing the total stake in Logic Investments to 69%.

"It is in discussions with an AIM listed investment company about a transaction that would see Logic listed on the Alternative Investment Market at an GBP11 million valuation. Should this transaction progress, Oberon is expected to retain a majority stake of 55%," Oberon adds.

For the six months to September 30, Oberon's revenue rises 28% to GBP3.4 million, from GBP2.6 million year-on-year. Its pretax loss narrows to GBP1.6 million from GBP1.7 million.

Current stock price: 3.70 pence

12-month change: up 12%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 30	10,995 PTS	+0.44%	+5.40%	-
	BASKERVILLE CAPITAL PLC	- GBX	-.--%	-.--%	24.29M

Latest news about Baskerville Capital PLC

Oberon mulls possible AIM float for investee Logic	Dec. 28	AN
Oberon predicts swing to profit in 2024 following half-year results	Dec. 28	AN
Oberon Investments receives approval for Nexus Investment acquisition	Dec. 18	AN
PCI-PAL picked by Zoom; Biome in project delays	Nov. 13	AN
Oberon Investments raises a further GBP75,000 through retail offer	23-09-26	AN
AEW UK REIT appoints new chair; Oberon raises money	23-09-19	AN
Jardine Matheson net assets rise, Oberon loss widens	23-07-28	AN
Chapel Down sales pop; Serabi output rises	23-07-20	AN
Oberon Investments secures FCA approval, owns 63% of Logic	23-06-09	AN
Oberon Investments raises GBP450,000 through placing	23-04-03	AN
Oberon hires Atomos investment chief as new head of investments	23-03-22	AN
Oberon Investments appoints Mike Cuthbert as permanent chair	23-03-21	AN
Oberon raises GBP1.8 million; buys majority stake in Logic Investments	23-01-20	AN
Oberon Investments swings to interim loss but expects growth ahead	22-12-30	AN
Baskerville Capital plc Reports Earnings Results for the Full Year Ended March 31, 2021	21-07-29	CI
M D Barnard & Co Ltd. completed the acquisition of Baskerville Capital PLC in a reverse merger transaction.	21-02-08	CI
Baskerville Capital PLC Announces Changes to Its Board	21-01-21	CI
Baskerville Capital : to Cancel LSE Listing, Admit Shares on AQSE Growth Market in February	21-01-07	MT
Baskerville Capital plc Reports Earnings Results for the Full Year Ended June 30, 2020	20-10-28	CI
Baskerville Capital plc Reports Earnings Results for the Half Year Ended December 31, 2019	20-03-03	CI
Baskerville Capital PLC acquired 7.8% in M D Barnard & Co Ltd. for £0.9 million.	20-01-26	CI
M D Barnard & Co Ltd. entered into an agreement to acquire Baskerville Capital PLC from sellers for £11.2 million in a reverse merger transaction.	20-01-26	CI
Baskerville Capital plc Reports Earnings Results for the Full Year Ended June 30, 2019	19-10-24	CI
Baskerville Capital plc Announces Earnings Results for the Six Months Ended December 31, 2018	19-03-27	CI
Baskerville Capital PLC Announces Audited Earnings Results for the Full Year Ended June 30, 2018	18-10-05	CI

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Company Profile

Oberon Investments Group PLC, formerly Baskerville Capital PLC, is a United Kingdom-based financial boutique company. The Company is comprised of three divisions: investment management, wealth planning and corporate advisory and broking. Its investment management services include tax-efficient investment solutions, special situations service, access to initial public offering (IPO's) and fundraising opportunities, discretionary fund management, managed portfolio service (MPS) and execution-only services. The Company's corporate advisory and broking services include access to capital and, sales and corporate broking. Its access to capital services include seed funding, development capital and private placements, private equity, pre-IPO and vendor placements and block trades. Its sales and corporate broking services include access to different pools of capital and investors, market knowledge, focused capital markets strategy, and strategic insight and market intelligence.

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