Walbrook PR, which provides high quality Financial PR and Investor Relations to Small Cap and AIM listed companies, announces its appointment as Financial PR advisor to specialist SIPP administrator Curtis Banks Group Plc, to manage communications with the financial media, research analysts and investors surrounding its forthcoming Placing to raise £7.5m and Admission to AIM.
This new client represents Walbrook's first win following the merger with Winningtons and demonstrates the rationale behind creating an enlarged Financial PR group with a strong reputation for working with smaller growing publically listed companies alongside strong regional ties to the South West of England.
Bristol based Curtis Banks administers Self-Invested Pension products, principally SIPPs and SSASs. Having started trading in 2009, the business has grown organically and through acquisition to become the third largest dedicated provider of full SIPPs in the UK with in excess of 26,000 existing SIPP clients.�
SIPPs have become a significant constituent of the pensions market, with approximately 1.2m SIPPs currently in the UK and further strong growth predicted.� The additional freedoms introduced in the 2014 budget, which came into effect on 6 April 2015, and which allow individuals the freedom to access their pension pots with greater flexibility, are expected to continue to increase the popularity of SIPPs.�
These, and recent regulatory changes, have resulted in increasing demand for high quality SIPP administration services.�Curtis Banks is well positioned to benefit from the changes in the market, presenting both organic growth opportunities and the ability to act as a consolidator in the industry.
Curtis Banks is expected to have a market capitalisation of approximately £85m on admission to AIM.� Trading in the shares is expected to commence on 7 May 2015.
For more information visit the Company's website:�www.curtisbanks.co.uk
Tom Cooper, Director of Walbrook PR, said:
"Curtis Banks has grown significantly from its own resources in a highly topical niche market.� The higher profile of being listed on AIM and the capital raised will accelerate its growth potential.
"We are very pleased to be working with the Curtis Banks team.� They are extremely motivated, have considerable experience in the financial services sector, and undoubtedly a bright future."