J P Jenkins, the UK’s oldest trading platform for private companies, is delighted to announce the launch of its new online trading platform JPJ Direct. The Company has created an ecosystem for a secondary market, giving greater visibility and liquidity to unquoted private companies and encouraging wider share ownership through two different routes to market.
Coinciding with the platform’s 30th Anniversary, the newly launched online trading platform, JPJ Direct, offers private companies a direct shareholder investment facility allowing for fast, efficient online trading without requiring a broker or intermediary, making it simpler than ever to buy and sell private company shares.
JPJ Direct will now be available alongside existing Traditional facility which, to date, has offered a significant number of unquoted companies such as Weetabix, Arsenal FC, Adnams Brewery and National Car Parks, a mechanism for shareholders and prospective investors to trade shares on a matched bargain basis, via their respective brokers.
J P Jenkins offers an array of benefits and liquidity solutions for investors, shareholders and companies. It can provide a facility for both shareholders and employees of unquoted companies to buy/sell shares, raise their capital markets profile, reduce the cost and burden of AIM/LSE quotations. Also offers cross border listings for foreign companies seeking access to the London market. The platform allows a market for shares to develop and companies to reach new investors helping to drive growth.
Commenting on the launch of JPJ Direct, Malcolm Burne and Veronika Oswald, Directors, said: “We are extremely pleased to announce the launch of JPJ Direct. The private market has returned impressive results over the last decade however, with limited secondary markets there is a scarcity of venues through which private investors can source and assess interesting investment opportunities.
“Furthermore, whilst there are a variety of ways to invest in late stage and scale up private companies there are very few ways to exit and few options available to companies which offer a de-risked proposition where investors have peace of mind with liquidity options.
“At J P Jenkins we have developed a flexible and cost-effective platform that addresses these issues and allows investors to be matched with various investment opportunities. Through JPJ Direct and JPJ Traditional we have created a marketplace which benefits all stakeholders, offering simple navigation, matched trading and quick settlement, all of which promote and help drive future growth. Now as we enter our 4th decade, we look forward to not only continuing to help and support companies to grow but also, to change the way people invest in private companies.”