Northampton Saints Share Trading Facility - A new fixture for stockbroking firm
Cave & Sons have been chosen by Premiership Rugby Club Northampton Saints to provide a trading facility for the Company’s shares on a matched bargain basis, after the Company delisted from the Plus Markets.
Cave & Sons has a long association with the Saints and has been an active corporate sponsor to the club for a number of years. Simon Harvey, a Director of Cave & Sons said “As a leading stockbroker in Northampton, we are very pleased to be offering this facility to existing shareholders and fans and wish the club every success this season.”
Northampton Saints originally listed on PLUS nine years ago when it raised capital to fund the first stage of the stadium redevelopment. It was also considered that it would help to create a market for its shares. However, since then the Company has not found it necessary to raise additional funds from the public market, the Board considers that the cost of maintaining the listing does not currently represent the best use of shareholders’ funds, nor of management time.
Those wishing to acquire or dispose of shares in the club will be able to leave an indication with Cave & Sons that they are prepared to buy or sell at an agreed price. If the order is able to be matched with an opposite buy or sell instruction, a transaction would be effected.
For more information please see our dedicated page on the website. If you require further information or If you would like to buy or sell shares in Northampton Saints PLC, please contact Simon Harvey on 01604 621421.