AVR Avarae

TIDMAVR

RNS Number : 7888J

Avarae Global Coins PLC

13 August 2012

13 August 2012

AVARAE GLOBAL COINS PLC

CHANGE OF ADVISER

Avarae Global Coins plc ("Avarae"), the UK's only publicly traded specialist company dedicated to purchasing, holding and selling rare and high quality coins, is pleased to announce the appointment of Westhouse Securities Limited as its Nominated Adviser and Broker with immediate effect.

For further information on Avarae Global Coins plc, please contact:

 
 Matt Wood / Diane Clarke 
  Avarae Global Coins plc           +44 (0)16 2461 5614 
 
 Tom Price / Paul Gillam 
  Westhouse Securities Limited      +44 (0)20 7601 6100 
 
 Toby Hall/Suzanne Johnson-Walsh 
  GTH Communications Limited        +44 (0)20 3103 3900 
 

Notes to editors:

Avarae provides access for institutions and individuals wanting to diversify their investment portfolios away from the traditional asset classes such as equities, property and bonds without the need to be an expert in the coin-collecting sector.

The Company trades in rare, high quality antique coins and coin collections from across the world. It continues to build up an impressive portfolio of extremely high quality, rare coins which it intends to hold both for the long-term (i.e. 3 to 5 years), in order to achieve long-term capital growth for our shareholders, and also the short-term, in order to take advantage of short-term trading opportunities, as the market for rare coins continues to grow.

A principal objective of the Company is to achieve long-term capital growth through the appreciation in the value of the coins acquired. Since its formation in 2006, the Company has achieved a compound annual return of 9.5 per cent. The Company has no borrowings.

This information is provided by RNS

The company news service from the London Stock Exchange

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