Beeks Financial Cloud Group listed on AIM

Beeks Financial Cloud Group from Cohort 4 completed IPO on Alternative Investment Market (AIM) on 27th November. Beeks become the first ELITE Scottish company to list on public markets. The business was valued at £24.5m and Cenkos was a nominated adviser and broker.

The chief executive Gordon McArthur commented that joining AIM “marks a significant milestone for the company. As a growing technology provider for automated trading, we believe that public company status and the new funds raised will enable us to accelerate our clear organic and acquisitive growth strategy… .”

Arecor strengthens the patent portfolio of its formulation technology

Arecor has received notification from both the European and US Patent Offices of their intention to grant Arecor patent protection for the Company’s novel approach to enabling stable liquid adenovirus formulations. Adenovirus vectors or virus materials that can be utilised to deliver new genes safely into the cells of the human body to trigger a therapeutic effect, are becoming increasingly important in the development of novel vaccine and gene therapy products. Application of Arecor’s proprietary technology enables the development of viable adenovirus-based therapies for a variety of conditions in a stable and easily administered form. Dr. Jan Jezek, Chief Scientific Officer said:

“We are delighted to announce this ‘intention to grant’ of a patent that protects our novel adenovirus stabilisation

approach. This is an important addition to our growing patent portfolio, which further strengthens our position as a

world leader in the formulation of superior biotherapeutics and vaccines”.

M Squared, La Fosse Associates and Company Shop Finalists at National Business Awards

Several ELITE companies were finalists at National Business Awards 2017 held on 14th November at Grosvenor House with Sir Mo Farah as the headline speaker. The National Business Awards recognised the best of great British businesses and gives companies the chance to tell their success story to a national audience. Congratulations to M Squared, La Fosse Associates and Company Shop for making it to the final.

Coull in top 10 Deloitte 2017 Technology Fast 50 winners

Coull from Cohort 2 made it to top 10 in the UK Fast 50. The UK Fast 50 awards, launched in 1998, are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship.

Congratulations to all!

We have created this section to help you stay on top of what is happening in your ELITE community. Have we missed your achievement this month? Keep us up to date and share your news with us by emailing ELITEUKMarketing@lseg.com.