BJM
BJM
Barnard Jacobs Mellet Holdings Limited - Acquires Quaestor Capital
BARNARD JACOBS MELLET HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/004798/06)
JSE code : BJM
ISIN :ZAE000014262
("BJM")
QUAESTOR CAPITAL (PROPRIETARY) LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1991/007330/07)
("Quaestor Capital")
BJM ACQUIRES QUAESTOR CAPITAL
Barnard Jacobs Mellet Corporate Finance (Pty) Limited ("BJM Corporate
Finance") is authorised to announce the acquisition by BJM of 100% of the
issued share capital of corporate finance advisory house, Quaestor Capital,
for an undisclosed sum ("the Transaction").
The Transaction will allow BJM to leverage off its existing JSE Sponsor
client base, research capabilities and domestic and global distribution
network and provide a fully fledged corporate finance service offering to
current and future clients. It will also allow the BJM Group to extend its
services to offshore clientele via the US and UK offices and increase the
global reach of the Group.
Cobus Human, the current owner and managing director of Quaestor Capital,
will become CEO of BJM Corporate Finance and the Quaestor Capital corporate
finance team and support staff will move to BJM"s corporate head office in
Rosebank, Johannesburg.
The Transaction has become unconditional and the effective date is 1
January 2007. Quaestor Capital"s business will be fully integrated with
BJM by early February 2007.
The transaction is not a "category" transaction in terms of Section 9 of
the Listings Requirements of the JSE and accordingly no financial effects
are provided.
Johannesburg27 November 2006
Sponsors:
Deloitte & Touche Sponsor Services (Pty) Limited
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 27/11/2006 02:16:05 PM Produced by the JSE SENS Department
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