Unlocking The Unlisted – Q1 Update Announcement
JP Jenkins, the UK’s oldest established share trading platform for private companies had a strong Q1. With further development within the team we have been able to move up a gear, launching both a new website and Direct trading platform for our off exchange market.
At the latter part of last year we were joined by Mason Doick (Head of Corporate Development) who has been instrumental in fresh marketing strategy, corporate development and business trajectory over the initial quarter.
We have been able to add to our growing community and to our eco system of members within the financial sector, supporting SME’s globally – currently standing at around 45 venture sharing companies. We believe in collaboration, not competition and aim to provide a suite of innovative services to all our clients. As mentioned, our partnerships have broadened with a larger community at its core, stretching from private equity, venture capital funds, angel networks, lawyers, corporate brokers and many more.
Furthermore, we have seen highly encouraging momentum and growth over the last quarter with 6 new admissions to the platform, The Cheeky Panda Ltd, Innovative Power Generation Ltd and Black Bear Energy Resources Plc to name a few. We expect a similar, if not better admission rate throughout the remaining quarters of this year and into 2022.
We expect further growth and development toward year end from our new suite of services; including Cross Border Listings, Private SPAC’s and our new swaps investment vehicle EXIT. In addition, with the use of our new platform, we are now able to admit companies with various asset classes – including ordinary shares, warrants, bonds and convertible loans notes.
Our next natural progression is toward, companies domiciled in Europe, Asia and Americas who require trusted platforms such as ours for their shareholders and investors alike. We are constantly adapting the platform and the technology supporting it, to enhance the user journey and also the synergistic opportunity it offers to businesses.
Our focus is now on streamlining our group efforts to supporting angel networks, crowd funders – etc, in recycling much needed capital into other ventures through accessing liquidity within our marketplace. There is a great need to the unlock the vast amount of capital tied up through expired EIS / SEIS and other such investments.
We are excited and look ahead to a fruitful year, with businesses beginning to open back up post COVID and we believe the need for liquidity is higher than ever before.