Zeus Capital

All research provided by Zeus is sponsored by the issuer and is therefore specifically exempt from the inducement rules. The research is therefore freely available to all Institutional Investors.

Zeus is an independent investment banking boutique, providing the highest quality advice to clients across a range of sectors and transactions. £3.6bn+ has been raised by Zeus as Sole or Joint broker and/or book-runner over the last four years. Our expertise enables us to guide companies through the often complex process of making acquisitions, selling a business, management buy-outs/ins and IPOs. Zeus acts as Nominated Adviser and Broker on public market admissions, along with offering continued support to AIM listed businesses.

Regulatory Information

  • Regulatory Status: Zeus Capital Ltd is authorised and regulated by the Financial Conduct Authority; approved as a Nominated Adviser and Broker by the AIM Market of the London Stock Exchange
  • ID Number: 224621

Daniel Slater
  • Daniel Slater

ITM Power (ITM LN) - 50MW FEED contract award - BUY

ITM has been awarded a FEED contract for a new 50MW electrolyser project. The project is located in the EU, and being progressed by an “experienced green hydrogen plant developer”. The project is expected to use ITM’s 5MW Neptune module, with FID targeted for 2025, and first hydrogen production in H2 2027. Production rates of 5,000tonnes/year of hydrogen are expected, for supply to local industry.

Nick Spoliar
  • Nick Spoliar

Audio Note: FIH Group - Falklands issues impact H1 numbers

In this audio note, Zeus’ Nick Spoliar summarises the investment case for FIH Group. H1 results from FIH reflect as before steady performance from the two UK businesses, but the Falkland Islands Company (FIC) has negatively impacted the overall H1 numbers as a result of a series of factors connected with the company’s construction business.

Nick Spoliar
  • Nick Spoliar

Audio Note: McBride Group - Initiation: Lowly rated market leader deli...

In this audio note, Zeus’ Nick Spoliar summarises the investment case for McBride Group. McBride (MCB) has built a strong platform for future growth through (1) taking market share in its existing activities, (2) expanding into new products or geographies and (3) new wins.

Daniel Slater
  • Daniel Slater

PetroTal (PTAL LN) - Price fall offers further value - Corporate

Despite a degree of share price underperformance over the course of 2024, this has become more acute in recent weeks, with the shares falling to levels not seen since early 2022. Since that time PetroTal has consolidated and grown its Brazil export route, materially grown production, and established a strong shareholder returns programme. We believe the recent price performance is unjustified, and provides an attractive entry point based on both our NAV and peer trading multiples, and on the upc...

David Seers ... (+2)
  • David Seers
  • Paul Smith

European Metals Holdings (EMH LN) - Expansion for Cinovec announced - ...

Today EMH announces a planned production increase for the Cinovec lithium(tin) project in the Czech Republic in which it owns a 49% stake along with its partner CEZ. We have long believed that the orebody should, and would, be mined at an increased rate. With the move to the Prunéřov site (RNS 27.11.2024), where a brownfield development can be achieved on the site of a formerly operating coal-fired power plant, and away from Dukla, there is more accessible space for a larger plant. EMH today ...

ZEUS PODCAST: A Different Perspective podcast: Simon Young, Experience...

A Different Perspective podcast Nick Searle speaks to Simon Young, UK Fund Manager. An extremely experienced portfolio manager, Simon has focused on income mandates for many years. Following Cambridge University, Simon joined Mercury Asset Management which became Blackrock, and has also worked at Aviva and AXA Asset Management. Simon and Nick discuss Simon’s background and career progression, the appeal income mandates and cash generative companies and views on how macro headwinds will affect ...

ZEUS PODCAST: A Different Perspective podcast: Hugh Hendry, The Acid C...

This week the legendary Acid Capitalist Hugh Hendry joins Nick for a truly different perspective. Previously at Baillie Gifford and Odey Asset Management Hugh’s Eclectica macro hedge fund was famously up 50% in 2003 and up 50% in the month of October in 2008. Monikered as a contrarian investor, Hugh certainly has some very different views as Nick runs through a tally of macro thoughts and themes.

ZEUS PODCAST: A Different Perspective podcast: Richard Howarth

In this episode, Zeus' Nick Searle, Equity Sales Director, speaks to ex-hedge fund manager, Richard Howarth. Richard had a very successful career at Brewin Dolphin, Clerical Medical and Insight yet decided to retire six years ago as ‘money can’t buy you time’. Richard now lives in Switzerland skiing in the winter and climbing in the summer whilst continuing to invest in the markets. In A Different Perspective podcast, Nick Searle, Equity Sales at Zeus, speaks to interesting characters within f...

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