Executive Summary

XCAP Securities plc was formed in mid 2009 with the intention of establishing an independent corporate finance and broking business focusing on the small to mid-cap market and on corporate clients whose securities are traded on AIM and the Official List. FSA authorisation was received on 17 May 2010, membership of the London Stock Exchange was achieved on 23 June 2010, CREST membership was achieved on 24 June 2010 and operational business has now formally commenced. The Company

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