Webb Capital PLC, the Plus quoted financial services group and Markab Capital, the Middle East centred merchant bank and multi-family office announce the formation of a London based joint-venture (Markab Securities).

The joint-venture is being created in response to an increase in appetite in cross border transactions between London and the Middle East, including Middle Eastern companies seeking the benefit of an exchange listing in London, the world's most international financial centre. There is also a large demand in both private and public European businesses seeking a reliable conduit to access the large capital pools available in The Gulf Cooperative Council (GCC). Webb Capital's corporate finance subsidiary, Webb Capital Advisory, which is a member of the London Stock Exchange, will provide corporate finance support and local knowledge required to successfully complete transactions. Markab Capital advises a number of large high net worth families in addition to large corporate clients and sovereign wealth funds in the Middle East, and is involved in a wide range of business sectors including real estate, construction, banking, hospitality, consumer products, natural resources, finance and petrochemicals.

Ahmad Al Omani, Chairman, Markab Capital said:
"The City of London is the ideal base for many of our GCC and wider Middle East and North Africa (MENA) located clients that are seeking access to an established, reputable and highly regarded capital market to position themselves for international expansion. We hope that this venture will lead to many of these businesses being listed in London. We are also seeing a large increase in our clients' desire to invest in both public and private UK and European equities. This joint venture will help to build a bridge between both markets".

Peter Webb, Chief Executive, Webb Capital said:
"This is a very exciting development for Webb Capital and we are delighted to have secured this relationship with Markab Capital. It could be a transformational venture for us."

Markab Capital
With roots dating back over 40 years, Markab Capital's multi-family office provides independent advice to high net worth families wishing to preserve, diversify and enhance their wealth. As a merchant bank, Markab offers its high net worth, corporate and institutional clients traditional corporate finance and advisory services, coupled with access to proprietary capital.

Webb Capital
The Company was established in 2010 by well known City asset manager, Peter Webb, who has assembled a strong team of seasoned professionals. Founded on traditional values and long term relationships with clients, the Company provides hands-on advice and fund raising capabilities to private businesses and companies listed on UK Public markets.

The Directors of the Issuer accept responsibility for this announcement.

On 8 November 2011, the board of Webb Capital PLC announced that it had signed Heads of Terms with Rivington Street Holdings Plc for the acquisition of its corporate finance and broking subsidiary, Rivington Street Corporate Finance Ltd. At the time we noted that the transaction was conditional upon regulatory approval from the FSA and the completion of our due diligence.

We have now received notice from Rivington Street Holdings Plc that they have resolved to pursue an alternative offer and that the Heads of Agreement has been terminated.

Although Webb Capital plc has already received regulatory approval from the FSA, we have not been able to complete our due diligence in satisfactory terms and accordingly will not seek to pursue the matter.

In parallel, we strongly believe that there are many opportunities for our expansion within the smaller companies sector and we are currently reviewing a number of initiatives that may well achieve a better end result at a lower risk to our shareholders.

The Directors of the Issuer accept responsibility for this announcement.

The board of Webb Capital PLC is pleased to announce that it has signed Heads of Terms with Rivington Street Holdings Plc for the acquisition of its corporate finance and broking subsidiary, Rivington Street Corporate Finance Ltd (RSCF).

The transaction is conditional upon regulatory approval from the FSA and the completion of our due diligence. Peter Webb will become CEO of RSCF upon completion of the transaction.

Webb Capital is offering Rivington Street Holdings Plc a mix of shares, cash and a deferred consideration. Following the transaction it is envisaged that Rivington Street Holdings Plc will own 9.99% of Webb Capital.

Peter Webb, Chief Executive, Webb Capital said: "This is an excellent opportunity to acquire a company which is prospering in difficult markets. This business is the largest PLUS advisor and a fast growing AIM broker. I know that we can accelerate that growth and am very excited about its prospects going forward. I look forward to working with the very talented team at RSCF."

RSH Director Tom Winnifrith commented: "I have known Peter Webb for many years. He shares our principles of value investing and of core business ethics. We believe that RSCF and its team will flourish as part of Peter's operation and will be enthusiastically supporting its endeavours, as a passive minority shareholder"

The Directors of the Issuer accept responsibility for this announcement.

Further to the announcement made on Friday 21 October 2011, Webb Capital announces today that it has concluded a placing to raise GBP200,000 before expenses. The money being raised will provide further working capital headroom in the Group's budget and enable it to better take advantage of opportunities which are becoming available.

Accordingly, the Company has today allotted a total of 1,333,335 new ordinary shares ("the Placing") at a price of 15p ("the Placing Shares").

The new ordinary shares rank pari passu with the existing ordinary shares and application has been made for 1,333,335 new ordinary shares to be admitted to PLUS.

Read this entire announcement with the link below…

The Directors of the Issuer accept responsibility for this announcement.

The Board of Webb Capital announces that it has received irrevocable commitments to a placing to subscribe for 1.33 million new Ordinary Shares of 10p each of the Company at a price of 15p per Ordinary Share to raise approximately GBP200,000 (the "Proposed Placing"). The Board considers that this additional capital would provide further working capital headroom in the Group’s budget and enable it to better take advantage of opportunities which are becoming available. As part of this Proposed Placing, certain Directors are subscribing for not less than 465,000 new Ordinary Shares.

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital plc, the PLUS Markets quoted financial services group has been informed that The Peter Webb A & M Settlement in which Peter Webb, Chief Executive, has a beneficial interest, acquired 171,628 ordinary shares of 10p each on 3 October 2011 at a price of 15.015 pence per share.

Mr Webb and persons connected with him now have an aggregate holding of 2,355,028 shares representing 28.88 per cent of the shares in issue.

The Directors of the Issuer accept responsibility for this announcement.

CHAIRMAN'S STATEMENT
The Company announces its results for the six months ended 30 June 2011.

In the six month period the Company recorded a loss before tax of £276,969 (2010: loss £328,001) on turnover of £130,765 (2010: £2,500).

Review of Activities
The Group continues to seek out new opportunities to utilise the knowledge and experience of its management team, business contacts and owners. On the corporate finance front several new mandates are being negotiated and in fund management the Group continues to review opportunities and expects to announce details of a new venture shortly.

Future
In order to maximise shareholder value, the Board has reached the conclusion that Company’s expertise should be exploited through seeking strategic acquisitions and investments in addition to current activities.

Download this interim report to read more.

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital plc, ("Webb Capital" or the "Company") the PLUS Markets quoted financial services group, held its Annual General Meeting (AGM) on the 20th July at 10.30am at the offices of Buchanan Communications, 107 Cheapside, London EC2V 6DN.

Following the completion of the formal proceedings of the AGM, with all resolutions being passed, the Chairman, Chris Marsh, gave the following update:

"Following a strategic review of progress during the year to date Webb Capital has identified a number of readily achievable expansion opportunities.

"In order to best position the Company to take advantage of these opportunities Webb Capital has reduced head count in its Corporate Finance activities to create a much more focussed and leaner operation and preserve financial resources for the next stage of its development.

"The Board will provide a more detailed update of progress with publication of the half year results to 30 June 2011."

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital plc, the PLUS Markets quoted financial services group, announces that it has appointed Buchanan as its Financial Public Relations advisor with immediate effect. Webb Capital provides a range of Corporate Advisory, Broking and Fund Management services to small to mid cap companies. The company has been created to be the first 21st Century merchant bank combining hands on advice and fund raising capability to nurture small to mid cap companies capable of exceptional growth.

To read the entire statement please click on the pdf link below.

The Directors of the Issuer accept responsibility for this announcement.

The Directors are pleased to present the results for the year ended 31 December 2010, a year in which the Group has made significant strides and laid firm foundations for the future.

The steps that have been taken over the last 12 months have been important in preparing for our future growth. It is readily apparent that the SME opportunity is significant and that potential exists for the establishment of a new growth company serving a wide range of needs of participants in this vibrant sector of the UK economy.

To read the entire statement please click on the pdf link below.

The Directors of the Issuer accept responsibility for this announcement.

The Directors have pleasure in announcing results for the year ended 31 December 2010, a year of significant change for the Company

Commenting on the results Chief Executive, Peter Webb, said:

“The period covered by these accounts and subsequent months has been both challenging and rewarding at times as we have explored the many significant areas of growth offered by our target SME market place.

The Company is now able to provide a range of Corporate Advisory, Broking and Fund Management services to existing and potential clients. I believe that we have created a solid foundation from which to explore the potential to speed up our organic growth through the acquisition of businesses in complementary areas and to broaden the range of services that we offer to the owners and managers of small growing businesses.

I cannot recall a period of such opportunity in all of my 30 plus years in the City and together with my colleagues at Webb Capital we intend to do our best to ensure that we are successful in our pursuit of growth.”

To read the entire statement please click on the pdf link below.

The Directors of the Issuer accept responsibility for this announcement.

On 23 February 2011, Webb Capital plc ("the Company") the PLUS Markets quoted financial services group announced that it had written to the Directors of PLUS quoted BWA Group plc ('BWA') to request that the Directors of BWA convene a General Meeting at which Resolutions be proposed to remove Mr Richard Battersby and Mr James Butterfield as Directors and to appoint Mr Peter Webb and Mr Dwight Mighty to serve in their place.

The letter was sent on behalf of the Company, which holds a 9.9 per cent shareholding in BWA and Mr Peter Webb and family who hold a 14.9 per cent shareholding.

At the General Meeting of BWA held today, the Resolutions proposed were defeated by a small margin.

With 47.8 per cent of the votes cast supporting the Resolutions proposed by the Company and Peter Webb, it is clear that it is not only Peter Webb and the Company who are disappointed with the performance of the Board of BWA and see the need for change.

Commenting on the outcome of the meeting Peter Webb, CEO of Webb Capital said:

'We are grateful to shareholders who supported us in seeking to instigate change at BWA.

Considering that over 90 per cent of the Board vote was achieved through the signing of irrevocable undertakings before the Notice of Meeting was posted and we had the opportunity to explain our case for change, we consider the result justifies our decision to take action.

It is our intention to seek a meeting with the Board of BWA at the earliest opportunity to seek an outcome in the interest of all shareholders.'

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital plc, the PLUS Markets quoted financial services group announces the following Directors acquired shares in the recent share placing of 560,000 ordinary shares at 25 pence per share:

Christopher Marsh - 20,000 shares bringing his total holding to 173,300 shares representing 2.12 per cent of the enlarged share capital;
David Weir - 40,000 shares bringing his total holding to 219,996 shares representing 2.70 per cent of the enlarged share capital; and
Peter Webb - 100,000 shares bringing his total holding to 2,183,400 shares representing 26.78 per cent of the enlarged share capital.

The total number of ordinary shares of 10 pence in issue following the placing is 8,153,551.

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital plc, the PLUS Markets quoted financial services group announces the Placing of 560,000 ordinary shares of 10p each at an issue price of 25 pence per share for an aggregate consideration of £140,000.

The total number of ordinary shares now in issue is 8,153,551.

The new funds will be used as additional working capital in order to help fulfil the Company’s strategy of addressing the needs of entrepreneurs, managers and investors in companies with Turnover up to £50 million p.a.

The Directors of the Issuer accept responsibility for this announcement.

Please take a moment to explore our website and view the recent updates.

The Directors of the Issuer accept responsibility for this announcement.