| IPO Details |
| Company Profile |
| Summary of the Offer |
| Important Highlights |
| Important Dates |
| Advisers and Vendors |
| Historical Financials |
| IPO Prospectus |
| In the News |
| Name | Deap Capital Management and Investment Trust plc |
| Security Type | Ordinary |
| Ticker | DEAPCAP |
| Reuters Code | |
| ISIN | NGDEAPCAP009 |
| Number of Employees | |
| Address | 14th Floor St. Nicholas House |
| 6 Catholic Mission Street | |
| Lagos, Nigeria | |
| Website | www.deapcapital.com |
| Phone | +234- 01-4751756-7,2661651 |
| Fax | +234- 01-2669254 |
| info@deapcapital.com | |
| Nature of Business | DEAP Capital Management & Trust Limited (DEAP CAPITAL) is a limited liability Company duly incorporated on June 5, 2002 by the Corporate Affairs Commission and licensed by the Securities and Exchange Commission (SEC) to carry on a range o f Capital Market businesses. The core business of DEAP CAPITAL at inception was Funds/ Portfolio Management. However t he C ompany has since broadened its range of services to include Venture Capital for Small and Medium Scale Industries and Is suing House Services to Corporations and Institutional Investors. Through its Subsidiaries and Affiliates, DEAP CAPI TAL also offers first class services in Stockbrokerage, Mortgage Banking, and Project Management/Financing in the Oil & Gas Sector. As at the end of June 2006, the company’s the Paid-up Capital is N231million. Accordingly after just three full years of operation, asset base rose to N1 billion while Funds Under management increased to N731 million. |
| Offer Type | Initial Public Offering | ||||||||||||||||||||||||||||||||
| Offer Method | Offer for Subscription | ||||||||||||||||||||||||||||||||
| Purpose | The purpose of the Offer is to provide adequate working capital for the company and its subsidiary/associated companies through proactive capitalization of the activities of its stockbroking, mortgage banking and Oil & Gas affiliates and upscale technology for excellent service delivery. | ||||||||||||||||||||||||||||||||
| Utilization of Proceeds | The net proceed of N868,706,556.07 after deducting the Costs of the Offer and the Rights Issue estimated at N55,362,442.93 (5.99% of the Gross proceeds) will be utilized as follows:
* VSAT enhancement, Fund Management software/hardware and website enhancement. ** DEAP CAPITAL intends to open six new branches at Lagos Mainland (Ikeja), Lekki Phase |
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| Target Investors | |||||||||||||||||||||||||||||||||
| Par Value of each share | NGN 0.50 |
| Authorised Share Capital | 1,000,000,000 |
| Fully Paid Share Capital | 462,766,022 |
| Shares Offered for Sale | 375,265,870 |
| % of Fully Paid Shares Offered for Sale | 81.09% |
| Offer Price per Share | NGN 2.00 |
| Price Earning (PE) Ratio at Offer Price | |
| Dividend Yield at Offer Price | -- |
| Offer Open Date | Monday, Mar 19, 2007 |
| Offer Close Date | Wednesday, May 09, 2007 |
| Allocation Begin Date | Wednesday, May 09, 2007 |
| Allocations End Date | Monday, June 04, 2007 |
| Results of Allocation Announced | Wednesday, June 20, 2007 |
| Crediting of CDS Accounts with Shares | Wednesday, July 04, 2007 |
| Dispatch of Share Certificates | Wednesday, July 04, 2007 |
| Dispatch of refund checks (if applicable) | Wednesday, July 04, 2007 |
| Commencement of Trading on Nigeria Stock Exchange | Tuesday, July 10, 2007 |
| Key Numbers | |
| Fiscal Year End | 31st December |
| Currency | -- (--) |
| Sales (in millions) | -- |
| 1 Year Sales Growth | -- |
| Annual Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | September 30, 2006 | |
| Sales | -- | -- | -- | 296.83 |
| Pre-Tax Income | -- | -- | -- | 99.85 |
| Net Income | -- | -- | -- | 91.38 |
| Average Shares | -- | -- | -- | 231.38 |
| EPS | -- | -- | -- | 0.20 |
| Total DPS | -- | -- | -- | 0.12 |
| Quarterly Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Cost of Goods | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Annual Balance Sheet Summary (in millions) | ||||
| -- | -- | -- | September 30, 2006 | |
| Cash & Equivalents | -- | -- | -- | 55.93 |
| Total Current Assets | -- | -- | -- | 188.08 |
| Total Liabilities | -- | -- | -- | 1,060.66 |
| Share Holder Equity | -- | -- | -- | 292.10 |
| Long Term Debt | -- | -- | -- | -- |
| Annual Consolidated Cash Flow (in millions) | ||||
| -- | -- | -- | September 30, 2006 | |
| Net cash flows generated from (used in) in operating activities | -- | -- | -- | 48.01 |
| Net cash flows generated from (used in) in investing activities | -- | -- | -- | -189.79 |
| Net cash flows generated from (used in) in financing activities | -- | -- | -- | 30.26 |
DEAP Abridged Prospectus |
| DEAP Capital Management & Trust Limited |
|
DEAP Final Prospectus |
| DEAP Capital Management & Trust Limited |