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About the company
Adams Plc is an Isle of Man-based investing company. The Company is primarily focused on special situation investment opportunities in the small to middle-market capitalization sectors in the United Kingdom or Europe. The Company seeks to acquire direct and/or indirect interests in special situation investment opportunities that have an element of distress, dislocation, dysfunction or other special situation attributes that it perceives to be undervalued. The Company is also focused on possible special situation opportunities anywhere in the world if it believes there is an opportunity to generate added value for Shareholders. The Company's interest in a potential investment may range from a minority position to 100% ownership and the interest may be either quoted or unquoted. It may invest in shares or acquire assets of a relevant business, or enter into partnerships, joint ventures, equity derivatives, contracts for differences, or other equity or debt-related securities.
- Revenue in GBP (TTM)-854.00k
- Net income in GBP-1.05m
- Incorporated2005
- Employees2.00
- LocationAdams Plc55 Athol StreetDOUGLAS IM1 1LAIsle of ManIMN
- Phone+44 1 624681250
- Websitehttps://www.adamsplc.co.uk/
Profile
| Management group(s) | Adams PLC |
|---|---|
| AIC sector | Biotechnology & Healthcare |
| ISIN | IM00B986V543 |
| Launch date | 26 Jul 2005 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The Board is seeking to acquire a direct and/or indirect interests in special situation investment opportunities that have an element of distress, dislocation, dysfunction or other special situation attributes and that they perceive to be undervalued. The principal focus is in the small to middle-market capitalisation sectors in the UK or Europe, but the directors will also consider possible special situation opportunities anywhere in the world if they believe there is an opportunity to generate added value for shareholders.
Managed by
| Nicholas Nelson, Nicholas Woolard |
|---|
Management & contract fees
A variable fee starting at GBP 1.86m p.a. and decreasing as core assets are sold. It is expected to reduce at an annualised rate of 22% p.a. The adviser is entitled to a sales fee of 0.5% of the gross property sale value of each asset. The manager will also receive a performance fee equal to 10% of any return above a distribution to shareholders in excess of a EUR 0.1725 hurdle and 25% of any return above a EUR 0.345 hurdle.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Jade Road Investments Ltd | 1.47m | -43.55m |
| Primorus Investments PLC | -173.00k | -1.15m |
| Team PLC | 7.00m | -445.00k |
| Fiske plc | 6.73m | 592.00k |
| W.H. Ireland Group plc | 23.12m | -5.48m |
| Adams PLC | -854.00k | -1.05m |
| Walker Crips Group plc | 31.00m | 502.00k |
| Inqo Investments Ltd | -100.00bn | -100.00bn |
| Alpha Growth PLC | 5.21m | -1.62m |
| Capital for Colleagues PLC | 2.83m | 2.06m |
| London Finance & Investment Group plc | 1.69m | 859.00k |
