Partway Group Plc
Following the disposal of its trading assets, the Company’s name has changed to Partway Group Plc.
The Company’s strategy is to acquire one or more companies and/or projects which are either cash flow generative or show significant potential for growth and a profitable exit.
Leveraging their knowledge and contacts, the Directors will seek to identify suitable investment and/or acquisition opportunities.
At this stage, the Directors would not seek to exclude any particular sector or jurisdiction.
In selecting suitable investment and/or acquisition opportunities, the Directors will consider various factors relevant to an opportunity, including the:
• ease with which capital can be raised to meet the working capital requirements both initially and in the future;
• growth potential and outlook for future cash generation;
• likely resulting liquidity in the Company’s shares following acquisition(s);
• short, medium and longer-term exit strategies for Shareholders;
• possible synergies with knowledge and contacts of the Directors; and
• suitability for a public listing, either on AIM or another recognised market in the UK.