- Monthly Roundup -
The Home For Trading Private Companies
#33rd Edition
With Halloween around the corner, the only thing spookier than the tumultuous public markets was the budget.
That didn't stop JP Jenkins as we co-hosted our Q4 Moving Markets Conference with PwC, the final of its series for 2026.
Winners! Our team are delighted to share that JP Jenkins was awarded the Financial Services Innovation Award at the Scottish Financial Technology Awards.
In client news, Sportech released its interim results, Tally central published its Q3 update, and Cafedirect's CEO was named one of the 2026 Meaning Business 100.
The JP Jenkins 15 October calculation showed the index trading up 0.95% at 1297.1. The index covers the performance of the venue's 15 largest stocks and is market cap weighted.
Read more below.
JP Jenkins News
Scottish Financial Technology Awards
We are proud to announce that JP Jenkins was awarded the Financial Services Innovation Award at the Scottish Financial Technology Awards!
This award highlights our team’s dedication and commitment to providing an effective trading solution for companies operating within private markets.
The Scottish Financial Technology Awards, established in 2018, recognises businesses that are reshaping financial services through technology.
Congratulations to the finalists BlackRock, Lloyds Banking Group, Mylo from Aegon UK.
Q4 Moving Markets
Our final Moving Markets conference of 2026 co-hosted with PwC focused on private share trading, exit events and liquidity windows via our PISCES regulated platform.
A packed room full of companies, funds and advisors to hear from our panel of experts - Daniel Harris & Hannah Revell of PwC, Ashley Reeback of Howard Kennedy, and Doug Armour of Share Registrars.
Norman Broadbent & JP Jenkins: IR Doesn’t Stop at the Exchange Gates. Communicating in the Private & Pre-IPO Space
We collaborated with Norman Broadbent on one of the featured articles in their latest Board Practice Newsletter, exploring why Investor Relations remains just as important for private companies as it is for listed businesses.
Private markets offer opportunities to manage liquidity and engage shareholders, but going quiet can damage investor confidence, company valuation and reputation.
The article highlights the importance of clear, consistent communication, managing shareholder expectations and making the most of the platforms available to keep investors informed.
Ledgy & JP Jenkins: Why employee education is the missing piece in Secondaries
Secondaries have become an increasingly popular option for scale-ups globally, offering pre-exit liquidity to early investors and employees at a point when traditional exit routes are taking longer to arrive.
Our latest article with Ledgy provides insights into secondaries and exit opportunities for companies with EMI/CSOP schemes.
To learn more about secondaries, EMI options / share trading and creating a bespoke private share trading window/s, check out our website here.
Partner Events
Ledgy Edge Summit - Make Equity Work 2026
JP Jenkins was a proud sponsor of Ledgy's annual flagship event. Keynote from Louise Hill, Co-Founder of Go Henry, was incredibly interesting. Andrew Foster, Director at JP Jenkins discussed Exits, Liquidity and PISCES with Paul Twist from Revolut and Louise Embling from Unit4 in the breakout session.
Parker Russell International Annual Global Forum 2026
Our Head of Corporate, Mason Doick covered the developments in private markets (PISCES), liquidity events and route to exit at the Parker Russell International Annual Global Forum 2026.
Funds Ecosystem: House of Lords
S&W hosted an evening panel with Cambridge Associates, Thamesis and Schroders Greencoat.
EQ Conference 2026
Hosted at the Science Museum Flight Gallery, Equiniti and Notified presented their latest developments including the launch of EQ One and the Evolution of Pay, focused mainly on share plans / options.
Partner News
AMBA CoSec
AMBA is an experienced corporate governance and company secretarial services firm, providing practical, proportionate support to companies and their boards. We can support JP Jenkins clients with their day-to-day company secretarial requirements, corporate records, board and shareholder governance, policies and disclosures, as well as helping them strengthen their governance arrangements as they grow, prepare for investment or undertake transactions. Our approach is pragmatic and tailored to each company, helping ensure good governance without unnecessary complexity.
Issuer News & Updates
Sportech:
Sportech Limited released their H1 2026 Results. Unaudited headline performance included:
- Revenue of £9.9m (H1 2025: £11.0m), reflecting the Sports Haven exit, licensing closure of south American region, and a weaker US dollar.
- Gross margin improved by 2.7 points to 57.5% (H1 2025: 54.8%).
- Adjusted EBITDA up 17% to £0.90m (H1 2025: £0.77m), with margin expanding to 9.1% (from 7.1%).
- Loss before tax reduced to £0.16m (H1 2025: £0.26m, or £0.41m excluding a one-off credit).
- Cash of £2.4m with no external borrowings (31 December 2025: £2.2m).
See full update on the company page here
Tally Central Ltd
Tally announced its Q3 Activities & Objectives Update which showed:
- Increased customer acquisition due additional digital advertising channels - pursuing further targeted marketing strategies in Q4.
- TallyMoney Business Accounts for UK SMEs launched in Q3.
- Divested Tally's remaining holding in BSE-listed Deccan Gold Mines Limited to supplement working capital and development and marketing activities.
- Incorporated a new wholly owned subsidiary, Tally EMI Ltd, as the vehicle to make application for an Electronic Money Institution licence.
- Completing integration with WorldPay for card acquiring and push-to-card payments to enable additional paths to market, for overseas jurisdictions.
Cafédirect PLC
CEO of Cafedirect, John Steel, has been named one of the 2026 Meaningful Business 100 (MB100) - a global initiative recognising leaders who combine profit and purpose to tackle some of the world's most pressing challenges.
Well done to John and the team!
If you are interested to learn more about JP Jenkins please do contact us at info@jpjenkins.com or +44 (0)20 7469 0937.