Conister Financial Group - 500 Beiträge pro Seite

[Baubo]

Na, dann mache ich hier mal den Anfang.


FOR IMMEDIATE RELEASE 5 February 2008



Conister Financial Group plc (the 'Company' or CFG)

Grant of Options


On 1st February 2008 Conister Financial Group plc (the 'Company') granted share options over 1,275,000 Ordinary Shares of 25p each, representing 2.5% of the issued share capital. The exercise price of the options is 81.0p and they are exercisable on certain performance criteria being met, however the ability to exercise does not expire. As part of this grant of options the following three directors of CFG's subsidiary companies received options - Richard Jones (450,000), Sarah Francis (350,000) and John Tottenham (100,000). Two of these individuals held options prior to this grant, Richard Jones (325,000) and John Tottenham (50,000).


They were granted under the Employee Share Option Scheme 2003.

[Baubo]

Die entscheidenden Player bringen sich in Position:

FOR IMMEDIATE RELEASE 25 April 2008



Conister Financial Group plc

("CFG" or the "Company")


Appointment of CEO

and strengthening of the executive team



Conister Financial Group plc ("CFG") announces today moves to strengthen the
executive team following the Scheme of Arrangement implemented in January of
this year.



Arron Banks has been appointed CEO of CFG with immediate effect.


Arron (aged 42) is currently a non-executive director of CFG and a significant shareholder with a beneficial interest of nearly 15% of the issued share capital. He has had a successful career in financial services building significant shareholder value in the insurance industry. He founded Group Direct, a top 30 UK insurance broker and also founded and has a controlling interest in Southern Rock Insurance Company, one of the fastest growing direct
internet insurers in the UK.


Arron commented,


"I am looking forward to the CFG role enormously, Conister Trust has a 70 year history on the Isle of Man and we intend to build the business into one of the most successful institutions on the Island. The expansion of CFG into the pre-paid card market marks a change of direction and shows our desire to expand CFG into new areas. The pre-paid card industry has massive potential and we are
already making solid progress."


Chris Johnstone (a 49 year old Chartered Accountant) has been appointed as Interim Finance Director (non-board appointment) to support Arron in the development of CFG.


Chris had a long and successful track record at Provident Financial plc. As Managing Director of its Insurance Division he expanded the motor insurance business from 100,000 customers to over 850,000 customers in a little over 5 years. The business was generating £40m profits when it was sold in 2007 for £170m to GMAC Insurance Holdings Inc. Chris also led the turnaround of Colonnade
Insurance Brokers from a loss making business to one generating £1.4m profits before its successful sale to the Swinton Group for £27m in 2002.


In 2001 Chris was appointed to the Provident Financial plc Board with responsibility for its UK credit operations; he established Vanquis Bank to offer credit cards, and Chaired Yes Car Credit after its acquisition in 2002.


In September last year Chris teamed up with Arron and successfully handled thesale of Brightside Group plc's insolvency business to Debts.co.uk for £1.1m.



Jerry Linehan, the current CEO of CFG takes on the new role of CEO of Conister Trust Limited, the Banking Division of the Group and remains a Director of CFG.


In this new role Jerry will be able to focus exclusively on the Banking Division at a time when there are a significant number of global opportunities as a result of the sub-prime/credit crisis, which continues to impact the Banking Sector. Conister Trust has no debt on its balance sheet, has raised £13m of capital over the last 18 months, is very well capitalised and has no exposure to
the sub-prime market.


Jim Mellon, Chairman, commenting on these changes said,


"Arron has been a significant shareholder and non-executive Director of CFG for 3 years and I am delighted he has accepted the role of CEO. He has a first class record of creating shareholder value and this is a great opportunity for him to bring his strong business and entrepreneurial skills to the newly formed Group.
Chris brings a wealth of knowledge and experience to the finance team as we start to develop CFG. These moves leave Jerry free to expand the Banking Division, which is well placed to exploit the current opportunities in that sector. All in all these moves are a very positive first step to strengthening the executive management of the Group."

[Cheyenne]

Final Result 2007 ist veröffentlicht.

Interessant die Statements von
Mellon/ Banks

[Baubo]

FOR IMMEDIATE RELEASE 29 MAY 2008




Conister Financial Group PLC

Audited results announcement for the year ended 31 December 2007

Highlights

Conister Financial Group ("CFG") was formed as part of a "Scheme of Arrangement" in January 2008 to establish a non-regulated parent company of Conister Trust PLC. The figures presented are therefore those of Conister Trust Limited (formerly Conister Trust PLC) for the year ended 31 December 2007.

CFG comprises two trading divisions; TransSend - the newly created prepaid card division formed in 2006 to take advantage of the worldwide explosion in the prepaid card market, and Conister Trust - the banking division that was formed in the Isle of Man in 1935 that specialises in providing finance for personal and business use. Conister Trust is actively developing additional business opportunities including premium finance and fiduciary deposits.

Financial Highlights

Total operating income flat £3.88m (2006 - £3.91m)

- Premium finance interest income up 123% to £0.64m (2006 - £0.29m)

- Litigation funding interest income (in run-off) down 54% to £0.36m (2006 - £0.81m)

- TransSend contributes income for the first time £0.19m (2006 - £nil)

Investment in TransSend £2.47m (2006 - £0.33m)

Conister Trust strongly capitalised - Tier 1 capital ratio of 25% (2006 - 22%)

- Compared to the average of UK banks 5.5% and European banks 6.5%

Additional capital raised £7.09m

Conister Trust ongoing Asset and Personal Finance returns to profit, £0.52m (2006 - loss £0.05m)

Pre-tax loss £3.97m (2006 - £0.97m), reflecting

- Significant investment in TransSend £2.47m (2006 - £0.33m)

- Litigation funding (in run-off) loss £0.69m (2006 - profit £0.13m)


Operating Highlights

Conister Financial Group

- New Chief Executive to drive growth

TransSend

- Successful launch of first prepaid card programme with 28,000 cards now issued

- First European company to be approved by Mastercard for payout cards in non-US gaming sector

- Recognised as a significant industry player only 18 months after formation, creating significant value for shareholders

- Extensive pipeline of card programmes ready for launch in 2008/9

Conister Trust

- Asset and Personal Finance back into profit

- Litigation Funding now discontinued

- Premium Finance growing rapidly

- Fiduciary Deposits introduced and growing

- Well capitalised with strong liquidity (£21m).


Jim Mellon, Chairman of CFG commented:

"I am pleased with the Group's progress this year. During the year we have invested well in TransSend and it is pleasing to see that Conister Trust's ongoing Asset and Personal Finance business is back into profit.

Decisions to introduce Premium Finance and Fiduciary Deposits and to cease the Litigation Funding business leave us well positioned in 2008 as we invest again in TransSend.

We are well capitalised, unlike many of the UK banks and European banks, and have strong liquidity. As a result we look forward with confidence."

Contacts:

Conister Financial Group PLC

Arron Banks, CEO

Tel: [phone]

Chris Johnstone, Interim Finance Director

Tel: [phone]

Britton Financial PR

Tim Blackstone

Tel : [phone] / 07957 140416

Beaumont Cornish Limited

Roland D Cornish

Tel: [phone]

The 2007 Annual Report and Accounts will be posted to shareholders on 6 June 2008 and will be available from the company's website www.cfgplc.com

The financial information set out below comprises non-statutory accounts. The financial information for the year ended 31 December 2007 has been extracted from published accounts for the year ended 31 December 2007 on which the report of the auditors was unqualified.


Chairman's Statement

TRANSFORMATIONAL YEAR

It is a pleasure to report to shareholders, as the first ever Chairman of Conister Financial Group PLC ("CFG").

2007 has been an exciting and transformational year for the company.

The new holding company (CFG) was created as part of a "Scheme of Arrangement" to establish a non-regulated parent company, free to acquire and expand other non-regulated businesses. This structure is common to most financial groups with regulated entities; Conister Trust Limited is a licensed bank and regulated by the Financial Supervision Commission in the Isle of Man. The new structure will reduce cost and administrative burden in the long run but its creation has been a costly (£481,000) and time-consuming process.

During the year the Group raised significant new capital of £7.09m (totalling £12.49m over the last eighteen months) which has been used to strengthen the banking operation and £2.47m has been invested in our exciting prepaid card business, TransSend, with a similar investment planned in 2008.

We are delighted to welcome Helvetica as a major new shareholder in the Group. Helvetica is an established fund manager that in 2006 was appointed as an investment manager for the Treasury Reserves of the Isle of Man Government. Helvetica also has strong links with the State of Qatar and they invested in CFG via a placing of 8.3m shares at a price of 85 pence per share. In making this significant investment, Helvetica recognised the substantial growth and profit potential of TransSend. Helvetica's support, network and expertise will be invaluable in the Group's future.

TransSend

TransSend is well positioned to take advantage of the worldwide explosion in the global prepaid market and the opportunities arising from it. This investment has been signalled to shareholders as a necessary step to take CFG into a new era, one which it is planned will eventually yield much higher levels of profitability, capital strength and stability than previously experienced by the Group.

TransSend launched its first major global prepaid card programme in September 2007 in three currencies, GBP, USD and Euros. To date it has issued in excess of 28,000 cards with a very impressive 72% activation rate, representing over 20,000 active card users. Card activity and usage has been high with a total programme cash load of over £34m and in excess of 240,000 transactions.

TransSend and Conister Trust are the first companies in Europe to have received MasterCard approval to deliver prepaid payout cards to the non-US online gaming sector. This is a key target market and is expected to continue to be one of the fastest growing segments of the overall gaming market, reaching $14.6bn by 2010 (source: Global Betting and Gaming Consultants) with an estimated growth rate in excess of 16% per annum.

With a growing demand for new prepaid payment solutions, a strong pipeline and exciting products in development, we are confident in the outlook for TransSend and our ability to create value for our shareholders.

We are happy with the progress made to date, given the relatively small investment made compared to other highly rated operators in the market. This reflects the skills and expertise of our staff and our focus on the more desirable B2B approach - rather than the cash intensive B2C model adopted by early entrants to the market. Our preferred approach has firmly positioned TransSend as a "Premier League" player in the rapidly growing prepaid card sector.

Those wishing to review the progress made at TransSend can go to www.transsend.eu which explains the prepaid card business in detail.

Conister Trust

Conister Trust (the "banking division") made good progress in 2007, despite difficult trading conditions. The banking division improved the performance of its ongoing Asset and Personal Finance business from a loss of £49,000 in 2006 to a £516,000 profit in 2007 before increased provisions against litigation funding loans - a line of business that we have been withdrawing from for some time.

The detailed analysis of TransSend and Conister Trust are contained within the Chief Executive's Review.

New Executive Team

We recently announced the strengthening of the executive team with the appointment of Arron Banks as Chief Executive, and Chris Johnstone as interim Finance Director, of CFG.

Arron was a non-executive director of CFG and a significant shareholder, with a beneficial interest of nearly 15% of the issued share capital.

He has had a successful and dynamic career in the financial services industry creating significant shareholder value. He founded Group Direct, a top 30 UK insurance broker and Southern Rock Insurance Company, one of the fastest growing direct internet insurers in the UK.

Chris had a long and successful track record at Provident Financial plc. As Managing Director of its Insurance Division he expanded the motor insurance business from 100,000 customers to over 850,000 customers in a little over 5 years. The business was generating £40m profits when it was sold in 2007 to GMAC Insurance Holdings Inc.

In 2001 Chris was appointed to the Provident Financial plc Board with responsibility for its UK consumer credit operations.

Outlook

With the introduction of a new executive team with an enviable track record in shareholder value creation within the financial services industry, CFG is well placed to exploit opportunities occurring due to the credit crunch and general financial environment and through its further investment in TransSend.

The opportunities in the prepaid sector are clear, and we have made excellent progress in developing TransSend from a start up business to a live trading business with active cards already in circulation.

With a strong balance sheet and a talented board of directors, we expect to be able to report further progress in the continuing development of CFG.

The company has no debt on its balance sheet, has raised £12.45m of new capital over the last 18 months and almost uniquely among banks it has absolutely no exposure to the sub-prime market or housing sector.

Despite our significant investment programme, we have ended the year with much more capital than at the outset of 2007, and we have taken a sleepy organization and galvanized it into action. The profit potential of CFG is now in a different league to the company of just eighteen months ago.

My thanks go to all the staff, who have worked incredibly hard this year to make such progress.

Jim Mellon - Chairman

29 May 2008



Chief Executive's Business and Financial Review

Introduction

I am delighted to have been appointed as the new chief executive of CFG and look forward to leading the company with a strong management team, as we create a flagship financial group for the Isle of Man.

CFG is the ultimate holding company for TransSend (the prepaid card division) and Conister Trust (the banking division), the two trading divisions of the Group.

Overall in 2007 the Group made a pre-tax of loss of £3.97m (2006 - £0.97m loss) reflecting the investment in TransSend of £2.47m (2006 - £0.33m), costs arising at Conister Trust in the Litigation Funding business (now in run-off) of £0.69m, the Scheme of Arrangement costs of £0.48m and Shareholder litigation (as referred to in 30 June 2007 Interim Statement) settlement costs of £0.38m.

The banking divisions ongoing Asset and Personal Finance business reported a profit of £0.52m (2006 - £0.05m loss).

TransSend - Prepaid Card Division

TransSend launched its first major global prepaid card programme ("Globewallet") using the Conister MasterCard licence in September 2007. The programme was launched in three currencies, GBP, USD and Euros and has grown rapidly with more than 28,000 cards already issued. The key to a successful prepaid card programme is the level of activation and the extent to which active cards are utilised. We have been thrilled with the progress of Globewallet which has experienced an excellent 72% activation rate with over £34m being deposited onto 20,000 active cards and nearly a quarter of a million transactions so far.

The business earns money in a number of ways: revenue from card transactions, foreign exchange charges, interest on the deposit float, and set-up fees on new cards.

The dynamics of the card business is that revenue is slow to build but as the number of cards in issue grows, so the monthly revenue increases against a relatively fixed cost base.

We are delighted with the performance of our first major programme; we have demonstrated the ability to work closely with our programme owner, MasterCard and our processor to design, implement and deliver a successful prepaid card to the market in a relatively short time-frame.

We have continued to invest in the expansion of the business and have created a team with significant card industry expertise and believe that such an organisation with a strong focus on scheme compliance and regulatory control is an essential requirement as well as a key success factor.

The team is based in Windsor in the UK, and led by its CEO, Richard Jones, whose previous roles include Regional Business Director at Pfizer PLC and Commercial Director of the Brightside Group. Richard has done a great job of building a talented team not only with the right card experience but also the creativity to leverage quickly the opportunities we have identified:

• TransSend has built up a healthy pipeline of new prepaid card programmes waiting to be implemented in 2008 and beyond. The gaining of an e-money licence, the application process for which is close to completion, will strengthen the operational capabilities of the business, enabling rapid growth in the pipeline.

TransSend and Conister Trust are the first companies in Europe to be approved by MasterCard to issue prepaid payout cards to the huge and rapidly expanding non-US gaming sector.

In partnership with Intercash, an experienced payments provider to the gaming industry, we will be launching the first European prepaid programme for payout in gaming. The product we have developed integrates easily into existing online gaming payment platforms and provides a superior solution to existing cheque payouts and bank transfers - this is due to be launched by the summer of 2008. We are planning to have launched programmes for three other gaming companies by the end of 2008.

TransSend has been working over the last year with a number of other partners in our target sectors to design sector specific prepaid cards. We have developed MasterCard products for the substantial corporate payout and online transaction sectors, where we have already have a number of interested parties committed. These sectors represent an addressable market of €19bn within Europe alone (source: PSE Consulting).

TransSend is also actively targeting a number of other sectors within the prepaid market and is working with its partners to develop a range of exciting and innovative solutions to address the online payments and under-banked sectors.

Although our core business focus is providing prepaid solutions, we have also provided the expertise to deliver credit card BIN (Bank Identification Number) sponsorship for CompuCredit Corporation with Conister Trust as the issuing bank. The programme is in the final stages of implementation with a live date into the UK market in the middle of 2008.The processing of this programme will be undertaken by TSYS a market leading provider of electronic payment services around the world.

Furthermore, TransSend will be launching its own generic prepaid card for use in the corporate payroll and expenses sector, hopefully in the 3rd quarter, 2008. Early signs are encouraging as we have already received a number of substantive enquiries.

TransSend continues to work very closely with its key strategic partner MasterCard and the regulatory authorities to ensure that it has the right foundations in place to produce and maintain successful card programmes.

Conister Trust - the Banking Division

Conister Trust, CFG's Isle of Man banking division is performing well, amid the current crisis in the financial and banking markets, which is creating a flow of attractive lending opportunities.

Credit quality has been maintained with no discernible increase in the level of impairment (bad debts) for the local business. The profile of the bank has ensured that we have no exposure to "sub prime problems" or the housing sector, which are currently inflicting such damage on other banks.

Conister Trust has a strong capital base and liquidity position following the injection of £7.09m of new share capital during the year. The Tier 1 capital ratio of the bank (a measure of its financial strength) improved from 22% at the end of 2006 to 25% at the end of 2007. This compares very favourably with the average for UK and European Banks of 5.5% and 6.5% respectively. At the end of 2007 the bank had £21m of cash readily available in the balance sheet.

The deposit book stands at a record £62m (up from £52m last year) also reflecting our strength. We have long standing customer deposits with no reliance whatsoever on the wholesale banking market and we are proud of the fact that we are the only independent Isle of Man ("IOM") bank.

Asset and Personal Finance (the continuing business)

The banking division made good progress in 2007 improving the underlying performance of its Asset and Personal Finance business from a loss of £49,000 in 2006 to a profit of £516,000 in 2007. Asset and Personal Finance currently comprises Asset Finance, Premium Finance and Fiduciary Deposits.

Asset Finance

The IOM banking business and military funding, for armed forces personnel stationed overseas to purchase new motor vehicles is stable and profitable. While we have maintained a prudent approach to lending, the onset of the credit crunch has increased our flow of lending opportunities.

We expect to win a larger market share of the IOM lending and deposit business, with the constraints placed on our high street competitors meaning we can write high quality business at attractive rates. The result of the credit crunch has meant a reduced appetite for lending from the other banks with operating branches on the IOM.

Premium Finance

Premium Finance (loans to customers to pay for insurance premiums) experienced significant growth in 2007 with over £17m of new loans made during the year compared to £5m in 2006. We expect to lend over £25m in 2008.

Since we started Premium Finance lending in May 2006, we have experienced no bad debt on the book and the interest rate charged is 10.5% APR, against the average of circa 10% APR we receive on asset finance agreements but with minimal risk. We have identified new opportunities to expand this low risk lending business which we will continue to develop in 2008.

Fiduciary Deposits

Fiduciary Deposits were introduced during the year for high net worth and corporate clients who want to mitigate the risk of placing all of their funds with one financial institution. Conister Trust places the funds on behalf of the client, in various currencies, across a range of top quality banks for which a fee is earned.

This service was identified last year as an area of expansion and we are pleased to report that we have made good progress. At the end of 2007 deposits of £34m were held, this is expected to grow significantly in 2008 providing a risk free income stream. The value of Fiduciary Deposits has already more than quadrupled so far this year.

We intend to focus in the future on Fiduciary Deposits, as a core component of the banking division.

Litigation Funding (in run-off)

Following a steady withdrawal from Litigation Funding in 2006 and the early part of 2007, new loans were ceased altogether in June 2007. While the bank has stopped lending in this sector, the recovery of certain outstanding loans is proving to be problematic.

A small number of solicitors that arranged these loans for their clients have stopped making repayments. In response, Conister Trust has commenced proceedings against one of these solicitors to establish and then enforce its position pending the outcome of litigation to establish the enforceability of their agreements with Conister.

At the time of writing we have been successful at the Court hearing of the "Preliminary Issue" but the case is now the subject of an Appeal. Whilst we are confident of the strength of our position we have provided for all legal costs to date and those anticipated in running the Appeal to its conclusion. As a consequence this discontinued line of business made a loss of £688,000 in 2007 (2006 - £13,000 profit).

The good news is that balances outstanding on these loans (before allowance for impairment) have been steadily reduced from £6.06m in 2006, to £3.75m in 2007.

The Way Forward

The route forward for TransSend is clear and the plans to capture a significant share of a rapidly growing attractive market are well established. We have created a talented team and have launched our first prepaid card programme successfully in 2007 within a small investment budget. The investment in TransSend will continue in 2008 at similar levels to 2007. More importantly however, we have secured a significant number of programmes in the pipeline for launch in 2008 and beyond, and it is planned that these will drive the business into profitability.

Conister Trust has not delivered on its huge potential for some time and we have plans to build upon the foundations laid in 2007 to provide an exciting future for staff and shareholders and take full advantage of its regulatory licences and off-shore location.

Following the re-organisation of the Group and the appointment of myself and Chris Johnstone as CFG executives, Jerry Linehan will be focusing on the expansion and performance of Conister Trust exclusively as its Chief Executive. The current financial environment throws up lots of interesting opportunities and we are looking at a number of attractive new business ideas and acquisitions to transform the Group.

CFG is well capitalised and in good shape for the future - I look forward with confidence to report on further progress this year.

Arron Banks

29 May 2008

[Cheyenne]

Endlich mal wirkliche News
----------------------------------------------
Conister Financial Group PLC ("CFG")

Acquisition of strategic stake in Equity Special Situations Limited ("ESS") and the issue of equity

Conister Financial Group plc is pleased to announce that it has agreed to acquire a 9.9% interest in Equity Special Situations Limited, the AIM listed strategic investment company for a consideration of approximately £4.453 million, satisfied by the issue of new CFG ordinary shares to ESS and cash.

CFG will acquire 2,042,705 new ordinary shares in ESS at a price of 218 pence per share; representing 9.9% of ESS's then issued share capital. The investment is to be funded through the issue to ESS of 5,575,150 new ordinary shares in CFG ("Consideration Shares"); representing 9.9% of CFG's then issued share capital together with a cash payment to ESS of approximately £0.3 million.

The ownership of a significant stake in ESS, a successful and dynamic Investment Company, is a further step in CFG's strategy to transform itself into flagship offshore private banking and financial service group. The acquisition follows shortly after a Scheme of Arrangement in January 2008 which created CFG as the new holding company of the former Conister Trust PLC to facilitate such acquisitions.

ESS is incorporated in Guernsey and was floated in 2004. Its investment strategy is to purchase and hold large stakes in companies and other investment funds and then to assist management to grow the business. Their current investments include STM Group Plc, a leading financial services group in the international corporate and trustee service provider sector, based in Gibraltar; Syndicated Asset Management plc, an AIM listed asset management and asset management consolidation company with nearly £6 billion under management; and Daniel Stewart Securities Plc an integrated financial services company comprising corporate finance, capital markets and leasing.

Working closely with ESS and its investee companies will provide a range of potential synergies for CFG and should provide a platform for further acquisitions and wider distribution of its private banking services.

For the half year ended 30 June 2007 ESS reported net assets of £21.5m equivalent to a net asset value per share of 152p and a net return of £2.3m equivalent to an EPS of 16.4 pence per share (6.4 pence per share for the year ended 31 December 2006). ESS will publish its audited results of the year ended 31 December 2007 shortly.

Since its flotation in 2004 ESS's share price has shown impressive progress increasing from 50 pence to over £2 currently, with NAV per share in its underlying investments showing similar growth.

Application for the Consideration Shares to be admitted to trading on AIM has been made and it is expected that the Consideration Shares will begin trading on AIM on 26 June 2008. The Consideration Shares will rank pari passu with the existing ordinary shares in issue. Following the issue of the Consideration Shares, the Company will have a total of 56,314,652 ordinary shares in issue.

Arron Banks, Chief Executive of CFG, commented:

"We have been following the progress of ESS for more than a year and believe that this strategic relationship will be of great benefit for both groups. We anticipate that, over the coming months, significant synergies will be created and additional business and investment opportunities will evolve. The new management team at CFG is currently reviewing a number of strategic transactions within the financial services sector and we look forward to gaining from ESS's input."

Peter Griffin, Director of ESS, commented:

"During our operational reviews towards the end of 2007 and early 2008 , it became clear that it would be of great benefit to the Company to have a strong relationship with a bank in order to complement the other companies within the ESS portfolio. We have been working on obtaining a significant stake in a private bank for almost nine months now and we are delighted to have concluded a deal with CFG. We expect to work closely with CFG's management going forward in generating interesting business proposals for them from our existing portfolio companies and from other companies that join us in the future."

For further information please contact:

Conister Financial Group plc

Arron Banks/Chris Johnstone

[Doc-T]

Heute 2X 20.000Stk. in Frankfurt gekauft. Hmm, ist ja nicht ganz wenig. Weiß da vielleicht jemand was?

[Doc-T]

Im Aktionär 40/08 auf Seite 92:

Interview mit Jim Mellon, Selfmademillionär und Buchautor. Schreibt über den Trend "Onlinebezahlsysteme" über Mobiltelefon oder Internet:

"Ich bin mit einem großen Anteil bei Conister Financial Group engagiert. Dieses Unternehmen wird zu einem Spezialisten für Online-Bezahlsysteme umgebaut.Die Gesellschaft hat eine Vollbanklizenz und soll neben dem Marktführer PayPal zu einem der großen Anbieter in diesem Bereich werden."

LG,
Doc

[Doc-T]

Ich kann dan nix negatives finden, ihr etwa?


FOR IMMEDIATE RELEASE 30 SEPTEMBER 2008

Conister Financial Group PLC
Unaudited Interim Results for the 6 months ended 30 June 2008
Conister Financial Group PLC (“CFG” or “the Group”) is pleased to announce its financial results for the six months ended 30 June 2008.
The Group comprises Conister Trust, the banking division that was formed in the Isle of Man in 1935 which specialises in providing finance for personal and business use, and TransSend, the prepaid card division formed in 2006 to take advantage of the worldwide explosion in the prepaid card market.
Financial Highlights:
· Loss before tax £3.0m (2007 - £0.4m) this was as expected and planned and reflects:
o Further investment in TransSend £2.2m (2007 - £0.5m) which is now bearing fruit
o Loss from Litigation Funding (in run-off) £0.2m (2007 - profit £0.2m)
o Increased group central costs as CFG invests in management to transform the Group £0.7m (2007 - £0.3m)
· Conister Trust’s ongoing Asset and Personal Finance business maintains its profitability at £0.15m
· Interest income up 5.6% to £3.7m driven by a 165% increase in Premium Finance income to £0.7m (2007 - £0.3m)
· TransSend generating income £0.3m (2007 £nil)
· Conister Trust is strongly capitalised with a Tier 1 capital ratio of 20.5% compared to the average of UK banks 5.5%
· Cash balances £15.3m (2007 - £10.6m)
· Customer deposits £57.6m (2007 - £48.9m)
· Fiduciary deposits £74.4m (2007 - £nil)

Operational Highlights:
· Strategic share stakes swapped with AIM listed Equity Special Situations Limited (“ESS”) as CFG and ESS identify further synergistic benefits of working together
· Litigation funding net receivables reduced from £4.0m last year to £2.0m
· Premium finance receivables increase from £4.2m to £15.5m (+269%) on what are proving to be very low risk loans which finance the payment of motor insurance premiums
· Personal Asset and Finance loan book is stable with low bad debt experience
· No wholesale loans, no corresponding debt on the balance sheet
· No exposure to the sub-prime sector or mortgages

Subsequent Events:
· Strategic sale of 51% of TransSend to ESS (41%) and Altair Financial Services International Plc (10%) (see separate announcement released today) to facilitate the growth of TransSend as a standalone business and maximise shareholder value. The sale is conditional upon certain operational milestones being reached within six months of the sale

Arron Banks, Chief Executive Officer, said:
In these worrying times for the banking sector Conister Trust is well capitalised and is unaffected by the troubles being experienced by banks globally. During the first 6 months of 2008 we have made further progress towards becoming a private banking group. In addition we have invested further in TransSend so it can seize the opportunities to expand in a promising and potentially huge market. I am pleased to announce today that we have two new partners as shareholders in TransSend (ESS and Altair) and this will enable value for our shareholders to be created as TransSend becomes an independent entity that is positioned for further third party investment and a potential IPO. The prepaid card market is growing at home and abroad by 100% annually. The current banking crisis is likely to accelerate the attractiveness of the prepaid market.

[Doc-T]

Antwort auf Beitrag Nr.: 35.287.647 von Doc-T am 26.09.08 10:15:27

Upps. Ist das der gleiche wie Chairman James Mellon? Oder irgendwelche verwandschaftliche Beziehungen?

[Doc-T]

Der Chef kauft!

FOR IMMEDIATE RELEASE 1 October 2008



Conister Financial Group plc (the 'Company')


Director's Share Dealing



The Company was informed on 30th September 2008 that Rene Nominees (I.O.M) Ltd on trust for Mr Arron F A Banks, Chief Executive Officer and Director of the Company (the "Ordinary Shares") has purchased 25,000 ordinary shares of 25p each in the Company at 66p per share on 30th September 2008.


Mr Arron F A Banks is also beneficially interested in 51 per cent of the issued share capital of Rock Holdings Limited. The total Ordinary Shares held by STM Fidecs Nominees Limited on trust for Rock Holdings Limited is 7,278,645 representing 11.48% per cent. of the issued ordinary share capital of the Company.


In addition Mr Arron F A Banks is beneficially interested in 37.5 per cent. of the issued share capital of Southern Rock Insurance Company Limited. STM Fidecs Nominees Limited holds on trust for Southern Rock Insurance Company Limited 611,000 Ordinary Shares representing 0.96% per cent. of the issued ordinary share capital of the Company.


The total Ordinary Shares in which Mr Arron F A Banks has a beneficial interest in is 7,914,645 representing 12.48% of the issued ordinary share capital of the Company.






For further information, please contact:



Conister Financial Group plc

Mr Arron F A Banks / Mr Chris Johnstone

Tel [phone]




Beaumont Cornish Limited

Mr Roland Cornish

Tel [phone]

[Popeye82]

[Doc-T]

Credit Agricole Cheuvreux International Ltd hat sich am 1. Oktober mal schlanke 1Million Teilchen gegönnt. Stehen jetzt bei 4,9 Millionen oder mehr als 7,73%



http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Doc-T]

The Company was informed on 15th October 2008 that Barclays Stockbrokers Market Master Account on trust for Mr Simon Hull, Managing Director of Conister Trust Limited, has purchased 2,035 Ordinary Shares of 25p each at a price of 48.5p per share on 15th October 2008.



Ganze 987 pound. Wow!!!

[Doc-T]

Da wiegt das schon ein bisschen schwerer!!!


The Company was informed on 15th October 2008 that Rene Nominees (I.O.M) Ltd on trust for Mr Arron F A Banks, Chief Executive Officer and Director of the Company purchased 50,000 Ordinary Shares of 25p each at 40p per share on 14th October 2008. A further 100,000 shares were bought by Mr Banks today at a price of 45p per share. As a result his total holding with Rene Nominees is 175,000 shares.


In addition Mr Jim Mellon, Chairman and Director of the Company purchased 50,000 Ordinary Shares of 25p each in the Company in his own name at 40p per share on 14th October 2008 and a further 20,000 Ordinary Shares of 25p each in the Company in his own name at 46.78p per share on 15th October 2008.


Mr Arron F A Banks is also beneficially interested in 51 per cent of the issued share capital of Rock Holdings Limited. The total Ordinary Shares held by STM Fidecs Nominees Limited on trust for Rock Holdings Limited is 7,278,645 representing 11.48% of the issued ordinary share capital of the Company.


In addition Mr Arron F A Banks is beneficially interested in 37.5 per cent. of the issued share capital of Southern Rock Insurance Company Limited. STM Fidecs Nominees Limited holds on trust for Southern Rock Insurance Company Limited 611,000 Ordinary Shares representing 0.96% of the issued ordinary share capital of the Company.


The total Ordinary Shares in which Mr Arron F A Banks has a beneficial interest in is 8,064,645 representing 12.72% of the issued ordinary share capital of the Company.


Mr Jim Mellon is also the beneficial owner of Burnbrae Limited which holds 12,000,000 Ordinary Shares representing 18.9% of the issued ordinary share capital of the Company.


The total Ordinary Shares in which Mr Jim Mellon has a beneficial interest in is 12,070,000 representing 19% of the issued ordinary share capital of the Company.

[Doc-T]

Der nächste Großaktionär kauft sich ein...http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…
Bald sind alle in Position, ...und dann fährt der Zug ab!!!

[Wesdaq]

Fragt sich nur weshalb der Kurs so eingebrochen ist, wenn sich alle einkaufen.

[Doc-T]

Antwort auf Beitrag Nr.: 35.816.450 von Wesdaq am 03.11.08 22:47:49

Ist doch klar, Conister ist ja schließlich auch 'ne Bank. Da haben sehr viele pauschal in den letzten Wochen geschmissen, ohne Sinn und Verstand. Hat man ja bei allen anderen auch gesehen.
Die, die das wahre Potential kennen (Credit Agricole, Bank of Canada usw.), lachen sich 'n Ast, dass sie so günstig reinkommen.

LG,
Doc-T.

[Doc-T]

RNS Number : 1424I
Conister Financial Group plc
13 November 2008




13th November 2008


Conister Financial Group plc

("CFG" or the "Company")



On 29 September 2008, the Company announced that it had agreed to dispose of 51% of its pre-paid card subsidiary, TransSend Holdings Ltd ("TransSend"), by way of 10% to Altair Financial Services International Plc ("Altair") and 41% to Equity Special Situations Limited ("ESS"), the latter having a minority shareholding in Altair.


Following the suspension of ESS on 15 October 2008, the Company notes the announcement made by ESS on 7 November 2008, concerning their financial position which includes the following paragraph:


"Should ESS fail to reach agreement with its creditors and debt providers and/or fail to raise the necessary funds from the sale of certain assets, it is likely that the Directors will be forced to take steps to seek formal protection from the Company's creditors."


The Company is in the process of reviewing the implications as regards the TransSend disposal. Given the circumstances, it is not now possible to progress the operational milestones (including the granting of an FSA e-money licence to TransSend) within the stipulated six months of the agreement.


The Company, as a result of other transactions announced earlier this year, holds 4,248,795 ordinary shares in ESS representing 18.6% of their issued share capital. Given the announcement by ESS, the Board of CFG is therefore considering the value of the ESS holding, acquired by a share-for-share exchange with a minimal cash top-up, and whether any diminution in value needs to be determined in consultation with the Company's Auditors.


The shares held in ESS do not form part of CFG's banking operation subsidiary's regulatory capital. Conister Trust Ltd, the bank, remains separately and well capitalised with a Tier 1 capital asset ratio of 19.3% which compares very favourably against the average of UK banks of 5.5%.


The Company will make a further announcement when it has determined the appropriate course of action, which may include legal redress if appropriate, and also the opportunity to potentially reverse the share-swap transactions, in relation to the above matters.


For further information, please contact:


Conister Financial Group plc

Arron F A Banks / Chris Johnstone

Tel [phone]


Beaumont Cornish Limited

Roland Cornish

Tel [phone]


Britton Financial PR

Tim Blackstone
Tel [phone]




This information is provided by RNS
The company news service from the London Stock Exchange

END

[Doc-T]

-24%!!!

[Doc-T]

Und weiter wir hinter den Kulissen geschoben:

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Doc-T]

Credit Agricole hat 10.000 Stk verkauft!? Wow, knappe 1500 Pound.

Wozu macht man das? Haben jetzt nur noch 5.068.000 Anteile.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Doc-T]

Schätze mal, da kommt dieser Tage ein ganz billiges Übernahmeangebot.
Aber wenn es so ist, dann ist es wieder mal schlecht gemacht. Wie man es so oft sieht in der letzten Zeit.

Hoffentlich fallen nicht so viele auf den Nepp herein.

[Doc-T]

Antwort auf Beitrag Nr.: 36.146.950 von Doc-T am 04.12.08 13:47:17

Um einen Tag später 42.500 Stk zu kaufen???

[Doc-T]

Antwort auf Beitrag Nr.: 36.172.485 von Doc-T am 09.12.08 13:37:23

Ach ja, Quelle:

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Doc-T]

Philip Stamp gefeuert. Das http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew… klingt nicht nach gegenseitigem Einvernehmen.

[Doc-T]

Das steht über ihm noch auf der Homepage:

Philip Stamp (Chairman of the Remuneration Committee and Member of the Audit Committee)
Appointed as a Non-Executive Director on 23 June 2006. Currently Chairman and Chief Executive Officer of Aon Network Solutions and Chairman of Aon Global Risk Consultants. He joined Aon in 1987 and in 1990 relocated to the Isle of Man with responsibility for the global captive business of Aon. In 2004 he became Chief Financial Officer of Aon Re International and Aon Re UK based in London. In 2005 he was appointed Chairman and Chief Executive Officer of Aon Re UK the leading London based reinsurance broker operating in Lloyds and other UK and global reinsurance markets. In 2007 he was appointed to head up the London wholesale and speciality broking operations of Aon, a leading international insurance broking and underwriting company. He is a Certified Accountant, holds the Associate in Risk Management qualification from the Insurance Institute of America and is also a graduate of the Advanced Management Programme of Harvard Business School.

Ich versuch mal, mehr heraus zu finden.

[Doc-T]

Deutsche Bank hat sich mit knappen 4,3% beteiligt.
Ich hoffe, die haben aus dem ganzen Schlamassel gelernt und machen nur noch astreine Dinger!!!


http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

Doc-T

[Doc-T]

Ein neuer Name!!!
Na, wenn's hilft!
http://www.cfgplc.com/company_about.html

[Doc-T]

Oder eben auch: http://www.mfg.im/

[MaatMod]

Sehr geehrter Wallstreet-online Nutzer,
Hallo,

für eine aktuelle Diskussion enthistorisieren wir diesen Thread.

MfG MaatMOD

[mitterland]

Antwort auf Beitrag Nr.: 39.824.519 von MaatMod am 15.07.10 11:20:08

bin heute zufällig auf die aktie gestossen. warum gibt es seit einem jahr keine postings mehr?
danke mitterland

[mitterland]

wirklich niemand mehr im board??

[Investor@work]

tote hose hier!?