Luxembourg, Luxembourg Dec 29, 2022<\/strong>\u00a0\u2013\u00a0Daniel Greenwood, Chief Investment Officer, and Steven Alain Lawrence, Co-Manager of Balfour Capital Group (BCG) are pleased to announce the intent of the Firm to go public during the last quarter of 2023.<\/p>\n

The company and its subsidiaries\u00a0will list its shares on the\u00a0Frankfurt\u00a0Stock Exchange. The firm meets all the financial\u00a0requirements for a\u00a0Prime Standard\u00a0\u2013\u00a0which is defined as\u00a0a bank or financial services provider with a minimum capital of \u20ac730,000. The firm has various options\u00a0including listing directly or via a SPAC (Special Purpose Acquisition Company).<\/p>\n

Balfour Capital Group is also in the active process\u00a0of\u00a0choosing the proper\u00a0\u201cCapital Market\u00a0Partner\u201c who\u00a0is\u00a0accredited with Deutsche B\u00f6rse AG.\u00a0The firm will make a final decision on the Book Runner \/ Underwriter by the second quarter of 2023.<\/p>\n

Balfour Capital Group has appointed the proper Auditors to seamlessly execute the transaction\u00a0on a timely basis.<\/p>\n

Balfour Capital Group will raise\u00a0\u20ac25,000,000, and the use of proceeds will be deployed as follows:<\/p>\n

\u2013 the firm currently has no debt, and it\u00a0intends on acquiring small to medium investment advisory groups primarily in the EU, Australia, Vietnam Singapore, and India<\/p>\n

\u2013 the firm belief is\u00a0that\u00a0advisors \u00a0need access to world-class research and high-frequency trading at a low cost with \u00a0superb ongoing education\u00a0<\/p>\n

\u2013 the firm intends to acquire additional server space on all the major exchanges\u00a0globally (Every millisecond counts when executing trades globally, speed is crucial\u00a0to superior results.<\/p>\n

In addition, Balfour Capital Group will also be executing a bond offering of\u00a0\u20ac10,000,000\u00a0on the\u00a0Gibraltar Stock Exchange.\u00a0<\/p>\n

Such a bond offering has the purpose to satisfy those investors who seek yield and will carry convertible preferred share rights.<\/p>\n

The bond and stock offering will be executed simultaneously.<\/p>\n

Balfour Capital group is currently assembling a best-in-class Advisory Board, with various backgrounds and affiliations. The range is top-notch entrepreneurs, psychologists, Executive Recruiters, and Consultants\u00a0whose\u00a0core focus is talent and people development as well as academics\u00a0who specialises in macroeconomics and maths.<\/p>\n

Balfour Capital Group will continue to update the market \u2013 by way of further press releases \u2013 on the progress towards the above milestones.<\/p>\n<\/div>\n<\/div>\n<\/div>\n