Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Financial Adviser

Share Plc

£61.9 Million 02/17/2020 Financial Institutions Complete
Lead Bankers: Hugh Elwes, Jake Delaney
Private Companies
Show Tombstone

Transaction Details

  • On 17 February 2020, the boards of Interactive Investor Limited (“ii”) and Share Plc (“Share”) announced that they had reached agreement on the terms of a recommended share and cash offer by ii for the entire issued and to be issued share capital of Share
  • The transaction valued Share at £61.9m, on a fully diluted basis, and represented a 41% premium to the closing price of 29.0p on 14 February 2020
  • The offer consists of 90% new ii shares and 10% cash, and the agreed valuation of ii was £675m
  • On 8 April 2020 the offer was approved by the shareholders of Share and is expected to close in Q3 2020 after regulatory approval
  • Following completion, Gavin Oldham, Chairman of Share, will join the Board of ii
  • Stephens is acting as sole financial adviser to Share

About the company

Share Plc

Share Plc was established in 1991 by the Chairman, Gavin Oldham, and is one of the UK’s leading independent retail stockbrokers providing execution-only stockbroking services to individual investors. Serves 300,000 customers with a total of £6.0 billion of assets under administration.

Interactive Investor Limited

Established in 1994, ii is the UK’s second largest direct to consumer investment platform with over £30.0 billion of assets under administration, 300,000 customers and more than one million users. The group is majority owned by J.C. Flowers, a US-based private investment firm, which currently has c.$5.4 billion of assets under management.

Source: Share Plc Offer Scheme Document
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion.

    “Stephens” is the brand name for a family of independent privately held financial services firms, including Stephens Europe Limited, which is authorised and regulated by the Financial Conduct Authority (Registered office: 36-38 Cornhill, London, EC3V 3NG, Registered number 8817024) and Stephens Inc. which is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home office: 111 Center Street, Little Rock, AR USA, (501) 377-2000). For more information, visit www.stephens.com.