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Finance Company MERCHANT HOUSE GROUP a hot stock (MHG)     

moneyplus - 10 Mar 2010 20:14

There has been an exciting turn around in this company's trading and fortunes. It's very early days but the sp is reflecting serious buying and rising fast. I am pleased I got in near the bottom--it's worth checking out for a tiddler punt.

skinny - 13 Jan 2012 15:14 - 32 of 38

RNS Number : 5592V

Merchant House Group PLC

13 January 2012

Merchant House Group Plc

Launch of Merchant Astor Long/Short UCITS Fund

under Merchant Capital's UCITS Umbrella

Merchant House Group Plc (the "Company") announces that Merchant Capital Ltd ("Merchant"), the asset management division of Merchant House Group Plc, has launched the Merchant Astor Long/Short UCITS Fund on its independent UCITS umbrella platform. The fund officially declared its 3 month Initial Opening Period ('IOP') on 12 January 2012; the IOP may be closed earlier by the directors of the Fund subject to the level of investment.

Merchant's UCITS umbrella structure allows asset managers to launch UCITS-compliant investment vehicles, whereby Merchant will be responsible for ensuring that all UCITS rules are met with confidence. With Merchant's recent acquisitions in both the Structured Product and Independent Financial Advisor sector, Merchant can also offer clients such as Astor a distribution plan.

The Merchant Astor Long/Short UCITS Fund aims to follow (adjusted for the requirements of the rules of UCITS) the strategy of an existing product managed by Astor Asset Management LLC, the Astor Long/Short ETF Fund, a US-based mutual fund that was launched in October 2009. The strategy follows a global investment approach implemented predominantly through a portfolio investing in or gaining exposure to Exchange Traded Funds.

By launching on the Merchant Capital platform the fund will benefit from being an onshore, regulated UCITS structure with weekly liquidity. The Merchant Astor Long/Short UCITS Fund is available to both institutional and retail investors in US dollar, euro, and sterling share classes with a minimum investment of 100,000 (USD, EUR, GBP) for institutions and 20,000 for the professional retail investor.

Astor Asset Management LLC has been appointed as sub-manager to the Fund. Astor has assets under management in the region of USD1 billion, is part of the Knight Capital Group Inc. which was founded in 1995 and is listed on NYSE Euronext.

Commenting on the launch of the fund, George Cadbury, Director of Asset Management for Merchant, said:

"The consistent growth of our UCITS platform is extremely exciting. We continue to seek innovative strategies alongside partners with great track records. Astor is one such firm which we believe can successfully replicate its US mutual fund in an onshore regulated structure."

Christopher Day, CEO of Merchant House Group plc, added:

We are optimistic that this fund will be attractive to investors and will be an asset to Merchant Capital's rapidly expanding fund management business."

skinny - 26 Jan 2012 13:38 - 33 of 38

26 January 2012

MERCHANT HOUSE GROUP PLC ("MHG" or "the Company")

HOLDING IN COMPANY

The Company announces that it was notified on 24 January 2012 that Barnard Nominees Ltd, a significant shareholder in the Company, has increased its shareholding to 218,928,572 ordinary shares, representing 8.0 per cent. of the issued share capital of the Company.

skinny - 27 Jan 2012 10:41 - 34 of 38

The Company announces that it was notified on 24 January 2012 that The Photo Distribution Pension Fund holds 104,000,000 ordinary shares, representing 3.8 per cent. of the issued share capital of the Company.

skinny - 16 Feb 2012 13:39 - 36 of 38

Hmmmm

16 February 2012
Merchant House Group plc
("MHG" or the "Group")

Further re: Pritchard Stockbrokers Limited


Further to the announcement made by the Group on 13 February 2012 regarding Pritchard Stockbrokers Limited ("Pritchard"), the board of MHG wishes to inform shareholders that, following discussions with the Financial Services Authority ("FSA"), as a result of the first supervisory notice issued to Pritchard on 10 February 2012, we are awaiting further news on the possible implications and therefore we cannot at this time determine whether clients of Merchant Capital may suffer some economic loss.

skinny - 13 Apr 2012 07:59 - 37 of 38

And Hmmmm again.

Merchant House Group plc
("MHG" or the "Company")

Further re: Issue of Equity


Further to the Issue of Equity announcement on 28 February 2012, the Company announces that £150,000 of the £761,500 that was raised at that date has not been received by the Company and the corresponding 214,285,714 ordinary shares in the Company, which have been issued and allotted, have not been delivered to the placees pending receipt of payment.

The Company is continuing to pursue these monies and a further announcement will be made in due course.

skinny - 20 Apr 2012 07:34 - 38 of 38

And there it is.

RNS Number : 7168B

Merchant House Group PLC

20 April 2012

20 April 2012

Merchant House Group plc

("MHG" or the "Company")

Statement re: Suspension

The board of MHG announces that it has requested the temporary suspension of its shares from trading on AIM pending the outcome of a review of its financial condition with a view to determining whether or not it has sufficient working capital for its present requirements.
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