TIDMAVR

RNS Number : 8063Z

Avarae Global Coins PLC

26 March 2012

For immediate release: 26 March 2012

Avarae Global Coins plc

(the "Company")

Adviser change of name

Avarae Global Coins plc (AIM: AVR.L), announces that the Company's Nominated Adviser and Broker, Collins Stewart Europe Limited has changed its name to Canaccord Genuity Limited with immediate effect. This follows the completion of the acquisition of Collins Stewart Hawkpoint PLC by Canaccord Financial Inc.

For further information on Avarae Global Coins plc, please contact:

Avarae Global Coins plc

Diane Clarke/Matt Wood +44 (0)16 2461 5614

Canaccord Genuity Limited

Matt Goode/ Emma Gabriel +44 (0)20 7523 8350

GTH Media Relations

Toby Hall / Suzanne Johnson-Walsh +44 (0)20 3103 3903

Notes to editors:

Avarae Global Coins plc ("Avarae") provides access for institutions and individuals wanting to diversify their investment portfolios away from the traditional asset classes such as equities, property and bonds without the need to be an expert in the coin-collecting sector.

The Company's investment policy is to invest in rare, high quality antique coins and coin collections from across the world. It continues to build up an impressive portfolio of extremely high quality, rare coins which it intends to hold both for the long-term (i.e. 3 to 5 years), in order to achieve long-term capital growth for our shareholders, and also the short-term, in order to take advantage of short-term trading opportunities, as the market for rare coins continues to grow.

A principal objective of the Company is to achieve long-term capital growth through the appreciation in the value of the coins acquired. Since its formation in 2006, the Company has achieved a compound annual return of 9.5 per cent. The Company has no borrowings.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUASSRUKAOUAR

Avarae Global Coins (LSE:AVR)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025 Click aqui para mais gráficos Avarae Global Coins.
Avarae Global Coins (LSE:AVR)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025 Click aqui para mais gráficos Avarae Global Coins.