Executive Summary
Evolve Capital was incorporated in September 2007 in order to invest in equities, convertible or nonconvertible debt and/or options and warrants in companies which are quoted on, or intending to join, the PLUS-quoted market by way of an IPO. On 28 December 2007 Evolve was admitted to trading on AIM and completed the raising of some ?4 million of new equity capital. Evolve Capital was re-admitted to trading on AIM on 31 December 2008 following an all share offer by Evolve to acquire the entire issued and to be issued share capital of Blue Oar plc, now renamed Astaire Group Plc. The offer was declared unconditional on 29 December 2008 with acceptances of 50.5% and Evolve is now the holding company of the Astaire group. Astaire is a specialist investment banking business incorporated in England and Wales. Formed in 1995 and quoted on AIM, it is the holding company of two distinct regulated financial services businesses: - Rowan Dartington & Company Limited (private client stockbroking and asset management); - Astaire Securities plc (institutional stockbroking).
