}
Northacre Limited
Company Name:Northacre Limited Minimum fundraise:£0* High Share Price Bid:£1
Business Sector:Real estate Total Funds Bid to Date:£557,393 Low Share Price Bid:£1
Auction period:31 Oct 2018 - 29 Jan 2019 Indicative Share Price:0.00 Average Share Price Bid:£1**
*The company will accept oversubscription.
**In the event of significant oversubscription, shares will be allocated to bids at the average price and above.
NOTE: ASSET MATCH HAS NEGOTIATED AN “ASSET MATCH INVESTOR BONUS” FOR INVESTORS IN THIS TRANSACTION. SEE THE “OVERVIEW” SECTION BELOW FOR DETAILS.

Need help?
+44 (0) 207 248 2788

back

Northacre Limited

Northacre Limited

Market Cap: £42,335,538 Auction period: 31 Oct 2018 - 29 Jan 2019 Indicative price: 0.00

Highest Bid 100.00p


BUY ORDERS SELL ORDERS

Total Number of Shares Wanted Share Price (p)
557,393 100.00
   
Share Price (p) Total Number of Shares Offered
100.00 --
   

BUY ORDERS

SELL ORDERS

Total Number of Shares Wanted Share Price (p) Total Number of Shares Offered
557,393 100.00 --
     

Interested in Northacre Limited?
Register or log in to participate, create a watchlist, or set reminder

Company info

Northacre Limited has been admitted to trading on Asset Match at the request of its largest shareholder, Spadille Limited. Asset Match has no formal relationship with Northacre Limited.

Over the past 25 years, Northacre Limited has created more than 1,000 luxurious homes and some of London's finest residential addresses. They are widely recognised as a leading exponent of remodelling historic and creating contemporary buildings and have always focused on significant and complex projects in prime locations. Northacre is passionate about the relationship between world-class design and commercial success.

www.northacre.com

Auction Details

Northacre Ltd was admitted to trading on Asset Match on 12th January 2017 at a price of 100 pence per share. Asset Match has been informed that Spadille Limited will make an order to purchase outstanding shares at 100 pence per share - a 35 per cent. premium to the closing mid-market price on 9th December 2016 being the day prior to the announcement of Northacre’s intention to cancel its admission to AIM (see documents section).

Auctions are held monthly and close at 4pm on the last Tuesday of the month (unless stated otherwise).

Participants can send orders via their existing broker or directly to The Share Centre. Further details can be found by clicking on the "Auction instructions" section below.

Price history (last 10 auctions)

Enlarge

Auction instructions

To buy and sell shares in this company via AM Private Market, you will need to use a stockbroker.

  • Using The Share Centre

The Share Centre is the preferred broker and settlement agent for all CREST eligible companies on AM Private Market. The Share Centre offers a competitively priced service for both certificated and non-certificated transactions. For more information on The Share Centre's services or how to place an order please visit their page. If you do not already have an account with The Share Centre, then you can open an account online or by calling 01296 41 41 41.

Alternatively, if you are interested in selling your shares and are unsure what to do next please read our Auction instructions for Sellers with additional FAQs. 

You can place orders with The Share Centre by calling 01296 41 42 43.

  • Using another stockbroker

If you already have a stockbroker (or an in-house dealing team if you are an institutional investor) then you can place an order by instructing your broker to face The Share Centre. Not all stockbrokers will be able to act on your behalf, and so you should check with them first. You may also incur additional fees.

When buying and selling shares, please note that the Asset Match levy of 3% applies, with a minimum charge of £20 per trade.

The tick size for this company is 0.5 pence per share.

For more information on how the auction works then please click here

Key People

Niccolo

Niccolo Barattieri di San Pietro Chief Executive Officer

Niccolò Barattieri di San Pietro has over 20 years' experience in Finance/Real Estate. After spending several years alongside Est4te Four's Partners (who built their reputation in Milan by creating arguably the largest fashion quarter in the world), Niccolo helped transform the company into a global real estate advisor with developments in Milan, London, New York and Los Angeles. Prior to this Niccolo was Head Trader for Theorema Asset Management, a $600 million European Equity Hedge Fund. Niccolo was also Head Trader at Newman Ragazzi, a $1 billion European Equity Hedge Fund.

   
Klas

Klas Nilsson Non-Executive Chairman

Following his training as an architect in Germany, Klas founded Nilsson Architects in 1975. In 1977, he founded Northacre, turning his architectural practice into a wholly-owned subsidiary of the Group. This resulted in a brand new hybrid of architect/developer, fuelled by Klas's passionate desire to see projects through from design to completion, sharing jointly in the creation of the results.

   
Brian

Brian Harris Non-Executive Director

Brian has over 35 years' experience in the building and property industry as Partner of Built Asset Consultant, EC Harris LLP, and now Arcadis. A Fellow of the Royal Institute of Chartered Surveyors, he has specialised in cost and project management and is a leading authority on the delivery of capital projects and the management of risk. Brian has been closely involved in the growth of EC Harris LLP into one of the foremost global consultancies. His is a Trustee of the United Kingdom Historic Building Preservation Trust (part of The Prince's Regeneration Trust).

   
Fawad

Fawad Tariq Khan Executive Director

Fawad heads up Integrated Alternative Finance, the debt platform of the Abu Dhabi Financial Group. He has ten years' experience in private equity and debt advisory roles beginning his career with Deloitte in London focusing on management consultancy and financial advisory for clients across the UK and mainland Europe, including Tesco and Fortis. Fawad holds an MSc in Business Studies from the Michael Smurfit Graduate Business School at University College Dublin and a BSc in Computer Science from University College Cork, Ireland.

   
Mustafa

Mustafa Kheriba Non-Executive Director

Mustafa Kheriba is the Chief Operating Officer of ADFG, and Executive Director of the Company's Investment Manager, ADCM Ltd. Mustafa has extensive experience and an inherent understanding of the UK real estate market and pioneer emerging markets such as the GCC, Eastern Europe, and Iraq. Mustafa manages the day-to-day operations, business development and control aspects of ADFG and its subsidiary companies. He also oversees deal origination, fund raising activities and directly manages key investments in the company. He also currently serves as Executive Director of Integrated Alternative Finance, Spadille Ltd., Integrated Capital, Northacre Plc, Reem Finance, Integrated Securities and Integrated Eastern European Fund, in addition to being Non-Executive Director at Qannas Investments Limited.