20 April 2012 10.15 am
Clients invested in Merchant Capital Limited (“Merchant”) structured products should not be alarmed by the suspension of Merchant House Group (“MHG”) shares on the Alternative Investment Market this morning. We understand that the suspension was at the request of the company pending the outcome of a review of its financial condition taking account of present and future working capital requirements.
Reyker is pleased to announce that we have agreed to act as Custodian and Administrator for Merchant Capital Limited, the Structured Products trading arm of Merchant House Group Plc, in respect of all of its present and future Structured Product business. This is a new relationship for both firms that we anticipate will be viewed as a positive step by the market.
Press release: 5 April 2012
Today Reyker was honoured to open the market for trading at the London Stock Exchange.
Kevin Milne, the LSE’s Director of Post Trade, welcomed Reyker and commented on our innovative approach and our investment in Reyker Online, a new on-line dealing platform for retail clients to buy and sell shares at low cost.
