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Aldgate Capital
- BY: Andrew Hore |
- POSTED: 28/11/2007 |
Nicholas Harding hopes to repeat his success with high-street adult gaming company Talarius at cash shell Aldgate Capital.
Harding is joining Aldgate as chief executive. Aldgate is a cash shell in the Marwyn stable and Talarius started out in the same way.
Talarius joined Aim in April 2005 at 80p a share. At the beginning of 2007 European Gaming paid 280p a share for Talarius, which valued it at £123m.
Harding wants to buy businesses involved in low-stake, high-volume gaming in the UK and Europe. That includes the type of adult gaming centres that Talarius owned, as well as family amusement centres, casino gaming and some sports betting and bingo operations.
Aldgate Capital joined Aim as a cash shell on 11 April 2006. It raised £5m at 10p a share.
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