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Club introduces Asset Match as a shareholder service
Thu 10 November 2016, 12:00|
Tottenham Hotspur
We are pleased to inform our shareholders that they can now gain improved liquidity in their Club shares via the Asset Match platform.
Asset Match provides periodic online auctions in shares in private companies. Investors with small shareholdings sometimes find the cost of share transactions prohibitive, we believe Asset Match makes these transactions more viable for our shareholders.
Tottenham Hotspur Operations and Finance Director Matthew Collecott said: “When we came off the Alternative Investment Market (AIM) almost five years ago we put in place a Matched Bargain facility for shareholders. However in reviewing their offering over their initial auctions we believe that the Asset Match share dealing facility is a better transaction platform and is authorised and regulated by the FCA. Since March, Asset Match has conducted six auctions in our shares and has provided a transparent and effective service for shareholders."
Stuart Lucas Co-CEO of Asset Match said: “We welcome this development and are proud to formally welcome Tottenham Hotspur to Asset Match. Having had a number of successful auctions in Tottenham shares since the spring of this year, Asset Match has satisfied the Club as to the transparency, our platform processes, and that we are FCA Authorised. Our facility will be available to benefit the many thousands of THFC shareholders that hold shares and those that would like to.”
All relevant company information and complete auction participation instructions are available via www.assetmatch.com or you can contact Asset Match direct at spurs@assetmatch.com