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ELITE Supporting ambitious UK companies towards growth and investment

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Page 1: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

ELITE Supporting ambitious UK companies towards growth and investment

Page 2: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

ELITE Growth

ELITE Connect

ELITE Club Deal

2012 2015

< < <

2016

CATALYST FOR GROWTH

A full-service programme designed

to share best practices and

increase growth opportunities,

including the understanding of

capital markets.

CONNECTION TO INVESTMENT

OPPORTUNITIES

A digital platform that brings

together listed companies,

institutional investors and financial

intermediaries to enable easier

interactions and increase

productivity.

CAPITAL FOR GROWTH

An online private placement

platform designed to streamline the

capital raising process for

companies.

ELITE operates across the funding ladder, following our clients along their entire

life cycle.

The ELITE offering is structured across three well-defined products: ELITE Growth, ELITE Club Deal,

ELITE Connect.

The ELITE offering

Page 3: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

What is ELITE Growth?

The foundation of ELITE, a programme and

platform to help ambitious, growing private

companies better prepare and structure for

further growth and external investment.

Delivered in partnership with Imperial College

Business School in the UK, ELITE facilitates

long-term structured engagement between

ambitious growing businesses, entrepreneurs,

experts and the corporate advisory and investor

communities.

How does ELITE Growth work?

COMPANY REFLECTION & REVIEW

A comprehensive programme, delivered

with entrepreneurs, investors and advisers,

to stimulate organisational review and

change.

PLANNING FOR CHANGE

Practical and technical workshops

designed to reflect on company-specific

issues and plan for change with the

support of the ELITE Partner network.

CAPITALISE ON THE BENEFITS

Utilise the ELITE community and learnings

to access new business opportunities and

consider funding options and processes in

more detail.

Page 4: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Story of ELITE Growth

Launched first in Italy in April 2012, ELITE has expanded

across Europe – launching in the UK in 2014 and the rest

of Europe in 2015.

Currently ELITE Growth has almost 500 companies and continues

to expand…

41

93

48

104

158

207

284

33

60

90

2012

2013

2014

2015

2016

International Italy UK

Page 5: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Story of ELITE Growth

170,000+ AGGREGATE

EMPLOYEES

£32bn AGGREGATE

REVENUE

25 COUNTRIES

30 SECTORS

467 COMPANIES

Page 6: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

ELITE Community

ELITE companies access a vibrant community which facilitates long-term structured engagement

with players from the business and financial environment.

Page 7: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

ELITE UK Companies

£1bn+

10 000+ 38

Aggregate revenues

Aggregate

employees

Locations

Technology

Consumer Services

Health Care

Industrials

Financials

Oil & Gas

Consumer Goods

Telecommunications

Basic Materials

90 UK Companies

Page 8: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Lucy Greggains , CFO, Unruly Media:

“ELITE has provided a solid network of like-minded

entrepreneurs and their CFOs who want to see the

next high growth technology success story come out of the

UK! It's been inspiring to share challenges, opportunities

and experiences with other high growth companies. We've

covered everything from international expansion, to

company culture and financing.”

Graeme Malcolm, CEO, M Squared Lasers:

“The programme has increased our awareness of different

forms of funding and what needs to be done to prepare for

each. It allows us to think about how we can keep scaling

up.”

Anthony Fletcher, CEO, Graze:

“It’s a fantastic programme. graze is a

business competing on a world stage and the opportunity

to utilise the experience and learnings of our

contemporaries is invaluable. Through the programme we

have gained expertise and confidence allowing us to

continue to place technology at the heart of our business

and aspire to build a world class operation.”

Ed Bussey, CEO, Quill:

“Quill is growing rapidly and the ELITE programme offers

a great opportunity to focus on solutions that will help us to

overcome the challenges of scaling a business fast. It's

also an invaluable chance to spend time with peers at

other companies who face similar challenges.“

…and what they say

Page 9: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Bespoke access to a network of leading advisers, investors, experts, entrepreneurs, public and private companies

Earlier engagement with the investor community helping to access capital from a range of sources as and when appropriate for your business

Opportunity to interact, share experiences and learn from other companies with similar growth objectives and aspirations

Develop the expertise to help make informed business and funding decisions for your company

Become part of a vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth

A platform to enhance your business profile with stakeholders, supported by an extensive media campaign and web portal with the option for private placements

Benefits of joining

Page 10: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

• Detailed discussion with London Stock

Exchange to ascertain your business needs.

• Completion of the application form and

providing relevant information.

• Application discussed by a selection

committee.

• On approval, we will communicate the

planned programme for you and your ELITE

peers and start working with you.

To join ELITE Growth, a company must have at

least £5m in revenues and demonstrate its future

growth potential and ambition.

Company joins as part of a cohort for an 18

month period. There are two cohorts each year –

April and November.

Participation is at the CEO / CFO level and two

individuals from the same company may

participate.

Content and discussion over 7 modules.

Additional meetings & workshops are scheduled

as needed.

Cost of joining is £15,000 for the 18 months.

The Process

How to join as a company

Page 12: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Being part of a vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth brings

many benefits.

Deliver programme module

content

Provide ongoing mentoring &

advisory services

Attend regular community

networking events

Lead specific technical

workshops

Profile your firm on ELITE

platform & connect with

companies

Participate in panel

discussions

How supporters get involved

Page 13: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

ELITE companies, investors and partners enjoy exposure from an exclusive agreement with The Times and good

coverage from regional and national press as well as our other supporting networks.

“ELITE has had more than 380 participants, although Xavier Rolet, the LSE's chief executive, wants to

grow the initiative, which is supported by The Times, to tens of thousands of members.” Apr 2016

“Going for Growth: learning the business of being Elite. The head of the London Stock Exchange wants to discover a new corporate

giant.” Apr 2014

ELITE offers a unique platform to support the

introduction to capital markets of some of UK's most

promising companies.

Access to the right kind of finance is critical to

growth and firms must be able to understand, have

access to and be confident in choosing between

different options. The CBI is proud to support ELITE

in bringing together a vibrant network of

stakeholders from all stages of the funding ladder,

including corporate, investor, advisory, research

and public sector partners, to support high-growth

firms to fulfil their potential.

ELITE is a way of getting SMEs to think more

broadly about what they're doing. SMEs don't have

the time or the resources to think about strategic

growth on a daily basis.

Two Belfast firms are to join the latest cohort of the

London Stock Exchange Elite programme set up to

support high-growth private companies.

Scottish Hi-tech start-ups boosted by initiative

London firms in the vanguard to join LSE’s

ELITE programme..

A key objective of Elite is to create a unified culture

for UK SMEs as a means of stimulating overall

economic growth in the UK.

ELITE will further raise the profile of the tech sector

amongst professional investors, helping to build

essential sector expertise to compete with the pull

of the US markets and ensure that British firms

create high quality jobs here in the UK. J Shields

Media and supporter exposure

Page 14: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

15

45

21

120

Companies have completed a deal

with a Private Equity firm

Companies issued bonds in

aggregate of €410m

Companies publicly announced an IPO

in the medium term – 5 companies

listed on a public market

M&A / JV deals completed by ELITE

companies

Since joining ELITE companies have accelerated their

growth plans and gained access to funding opportunities

40 Listed companies play as mentor for

ELITE companies

Cultural change and access to capital

Page 15: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

LSEG is passionate about supporting growth businesses. We

believe our experience as an operator of capital markets

combined with support from the business and investor

community will help deliver a comprehensive service for scale

ups – helping to create a vibrant ecosystem over the longer

term.

ELITE enables companies to benefit from LSEG’s small and

mid-cap experience and extensive existing relationships with

the advisory and investor community.

Why is London Stock Exchange Group

running this initiative? Will my company

be expected to go public? Becoming part of the ELITE community gives companies direct

exposure to a range of advisers and investors, providing an

insight into how different types of investors think and evaluate

investment opportunities.

In 2017, we are launching a digital private placement platform

called ELITE Club Deal (see next page). ELITE Club Deal helps

companies raise their profiles by enabling them to showcase

their investment propositions to professional investors and

advisers on an integrated online platform. Companies will be

able to secure investment from a range of professional investors

and through a variety of financial instruments including equity,

debt and convertibles within a streamlined and simplified private

placement process.

How can ELITE help my company to raise

profile and secure investment?

From April 2015 every member will have access to the entire

ELITE community across the European jurisdictions. You’ll be

able to connect directly via the web platform. From time to time,

we may look to bring the different programme cohorts (UK, Italy,

International) together.

How are the European programmes linked?

Q&A

Page 16: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

• ELITE Club Deal aims at supporting ELITE companies financial needs bridging the gap towards the

public market

Training Business Model Growth strategies

< < < Elite Growth

Programme

Public

Market

<

Web based portal Professional

Investors

Elite

Companies

ALTERNATIVE FINANCING NEEDS

Elite Club Deal

Platform

Elite Certificate

(attendance)

<

ELITE Club Deal

Page 17: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

Umerah Akram

Telephone +44 (0)20 7797 4707

[email protected]

Zarina Nasib

Telephone +44 (0)20 7797 1547

[email protected]

Jack Hurdidge

Telephone +44 (0)20 7797 3654

[email protected]

Marcus Stuttard

Telephone +44 (0)20 7797 3364

[email protected]

Mark Fahy

Telephone +44 (0)20 7797 6396

[email protected]

Claire Dorrian

Telephone +44 (0)207797 2074

[email protected]

ELITE Team UK Primary Markets

http://uk.elite-growth.com

Tom Attenborough

Telephone +44 (0)20 7797 3747

[email protected]

James Clark

Telephone +44 (0)20 7797 1863

[email protected]

Emma Titmus

Telephone +44 (0)20 7797 1464

[email protected]

Contact Details

Page 18: ELITE Supporting ambitious UK companies towards growth …...Companies publicly announced an IPO in the medium term – 5 companies listed on a public market M&A / JV deals completed

This document has been compiled by the London Stock Exchange plc (the “Exchange”). The Exchange has attempted to ensure that the information in this document is accurate, however the information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date.

The Exchange does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of the document or any of the information in it. The Exchange is not responsible for any third party content which is set out in this document. No responsibility is accepted by or on behalf of the Exchange for any errors, omissions, or inaccurate information in the document.

No action should be taken or omitted to be taken in reliance upon information in this document. The Exchange accepts no liability for the results of any action taken on the basis of the information in this document.

All implied warranties, including but not limited to the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy are excluded by the Exchange to the extent that they may be excluded as a matter of law. Further, the Exchange does not warrant that the document is error free or that any defects will be corrected.

To the extent permitted by applicable law, the Exchange expressly disclaims all liability howsoever arising whether in contract, tort (or deceit) or otherwise (including, but not limited to, liability for any negligent act or omissions) to any person in respect of any claims or losses of any nature, arising directly or indirectly from: (i) anything done or the consequences of anything done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents of this document, and (ii) the use of any data or materials in this document.

Information in this document is not offered as advice on any particular matter and must not be treated as a substitute for specific advice. In particular information in the document does not constitute professional, financial or investment advice and must not be used as a basis for making investment decisions and is in no way intended, directly or indirectly, as an attempt to market or sell any type of financial instrument. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstances.

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© Dec 2016

London Stock Exchange plc 10 Paternoster Square

London EC4M 7LS Telephone +44 (0)20 7797 1000

www.lseg.com

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