Media & News
This is the news and media from Stepping Stone Equity.
$3B and Counting - Courier Mail 16th Nov 2011
16th Nov 2011
THE team at the Queensland-based corporate advisory firm Stepping Stone Equity were popping champagne corks this week after reaching a milestone, at least for listed funds.
Stepping Stone racked up $3 billion of listed funds for clients and now, apparently, is focusing its efforts on helping businesses list overseas.
Its chief, James Skinner, says the company has carved out a niche facilitating listings on Germany's Deutsche Bourse and is already looking at other international exchange options.
"For many of our clients, gaining liquidity means listing on an exchange, however most Australian companies find the ASX process arduous and expensive," he said, despite the eurozone crisis.
"More and more companies are choosing international exchanges - such as the Deutsche Bourse's Frankfurt Stock Exchange - over their home country's stock exchange as the listing process is much faster than any other public listing in the world and ongoing costs are much less."
http://www.newsmaker.com.au/news/12908
Stepping Stone Equity list Astra Resources on Frankfurt Stock Exchange
30th Sep 2011
London, UK – 30 September 2011: The UK parent company of Astra Mining, Astra Resources PLC (Code: 9AR), a global diversified mining company, listed on the Frankfurt Stock Exchange today at €1.50.
Astra’s primary focus is to satisfy the expanding resource demands of the world’s largest urbanizing nations, China and India, including securing the supply chain of the raw materials related to the steel industry, including iron ore, coal, gold and other raw materials.
The company is also strategically positioned to capitalise on delivering efficiencies from the steel making process, a high demand sector in both these markets.
Astra CEO Dr Jaydeep Biswas says the listing on the Frankfurt Stock Exchange is a major step forward for the company.
“After meeting the requirements of the Deutsche Börse, our listing will enable Astra to raise capital to expand our projects internationally and foster the company’s growth,” Dr Biswas says.
“This listing is a major milestone for the company and something we have been working hard towards achieving.
“The Frankfurt Stock Exchange is one of the world's largest trading exchanges and provides access to global capital markets, so all these factors make it an attractive option to become a publicly listed company on this exchange.”
Astra will prepare a prospectus in the coming months and are in negotiations with Minevest USA to underwrite the capital raise of approximately €1 billion through their own network and associated international banks.
Astra managing director, Silvana De Cianni, says the minimum issue price of the prospectus as advised by Minevest could be €1.50, but potentially higher.
“Between now and issuing our prospectus, we will be raising equity capital by placing company-owned treasury stock and allocations to stockbroking firms,” Ms De Cianni says.
“We have a number of projects at various stages of development, including our 45 per cent stake in the revolutionary T-Steel, so capital raised will go directly towards progressing these ventures.
“Through our listing and ongoing capital raising we expect Astra Resources to become a major player on the global resources stage in a short amount of time.”
Astra Resources global portfolio includes gold and copper interests in Southeast Asia, coal mines in Africa, iron ore in India, and the production of the high-strength T-Steel technology in Hungary.
Workforce Managment Specialist HemiPhon Lists on the Frankfurt Stock Exchange
26th Sep 2011
HemiPhon PLC, a specialist in the workforce management (WFM) market, has listed on the Frankfurt Stock Exchange (FSE) trading under the symbol H3P.
HemiPhon PLC is an aggregator of technologies and businesses. The company provides an investment vehicle for people and organisations seeking access to the WFM sector through an entity with proven industry expertise.
HemiPhon’s directors include the founders of one of Australia’s leading WFM solutions providers, E-tivity Corporation Pty Ltd. E-tivity Corporation is now a subsidiary of HemiPhon PLC.
“We are determined to occupy the cutting edge of workforce management solutions,” said HemiPhon Chairman and Chief Executive Officer (CEO) Phil Jones. “This means bringing together the best IP, the best technology and the best teams to support the development and provision of highly competitive, next-generation solutions.
“Listing on the FSE gives us access to the world’s third-largest stock exchange and the capital that will help fund our aggressive business strategy which is based on organic growth as well as growth by acquisition,” said Jones. “Frankfurt’s flexibility and multi-stage approach to listing is particularly well-suited to small-to-medium-sized organisations like us which want a ready path to capital markets.”
The advisors for the listing are Stepping Stone Equity and Gebo Equity Management. The designated sponsor is Renell Wertpapierhandelsbank AG. The listing offering is 360 million ordinary shares priced at €0.10 each. A prospectus is being produced to support the capital raising. To register your interest, please visit the HemiPhon PLC website.
About HemiPhon PLC
HemiPhon PLC focuses on the workforce management solutions market. The company, which is listed on the Frankfurt Stock Exchange (H3P), is following an aggressive business strategy of rapid growth through acquisition as well as proprietary research and development. By aggregating companies that develop, supply and implement workforce management solutions, HemiPhon plans to leverage their collective technology, intellectual property and management skills to optimise the performance of workforces worldwide. For more information, please visit www.hemiphon.com.
Astra Mining Ltd to list on the Frankfurt Stock Exchange
4th May 2011
http://www.astramining.com/media/company-announcement/
Adelaide, Australia – May 4th 2011: The Directors of Astra Mining Ltd (Astra) are pleased to announce they have signed a Listing Agreement with Gebo Equity Management Pty Ltd and Stepping Stone Equity Pty Ltd (collectively the Consultants) to assist it with its listing on the Frankfurt Stock Exchange. The listing agreement is unconditional except for approval by Astra shareholders and any force majeure situation.
Whilst several commercial projects are to be completed by Astra in the next couple of months, including its joint venture to produce gold in Vietnam and its joint venture to produce coal in Nigeria, the Directors believe with the assistance of the Consultants it would be a favourable time in the short term to list a UK public listed vehicle on the Frankfurt Stock Exchange.
An EGM of Astra will be called prior to the conclusion of this financial year where the Directors will seek the approval of its shareholders to the share swap of the Astra shares for shares in the listed vehicle company on a one for one basis. At such meeting, a full account of the proposed listing will be provided by the Directors to the shareholders.
2UP Gaming PLC lists on Frankfurt Stock Exchange
4th May 2011
Stepping Stone Equity in partnership with Gebo Equity completes the listing of 2UP Gaming PLC under listing code (2GM:GR) on the Frankfurt Stock Exchange. For more information please view the companies listing page and website.
http://www.boerse-frankfurt.de/EN/index.aspx?pageID=35&ISIN=GB00B64R3093
http://2up.com/investor_home.html
Banks not the last word on post GFC capital
1st Sep 2010
Banks not the last word on post GFC capital
Coast real estate group's ASX listing
28th Jul 2010
Coldwell Banker Australia signs listing agreement brokered by Stepping Stone Equity
To read click here - GCB
Coldwell listing may just be the start
10th Jul 2010
Luxury real estate franchise Coldwell Banker's move to a backdoor listing leads the way for other franchises to consider floating on the ASX
To read click here - Australian Financial Review
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