Programme for MelloMonday 12th December 2022, 5pm – 8.30pm
5.00 pm Mello welcome and Paul Hill from Vox Markets presents Five Babies in the Small Cap Bathwater
5.40 pm Company presentation by Tharisa plc
6.10 pm Company presentation by Altitude Group plc
6.50 pm A look forward to 2023 in the markets
7.00 pm Company presentation by Duke Royalty
7.30 pm Mello BASH
Company presentation – Altitude Group plc
Who We Are
Altitude is a technology company and has developed an industry specific marketplace which provides various design tools, applications, and web site pop-up stores for promotional product distributors and suppliers. We have developed a robust e-commerce enabled and scalable trading platform that facilitates the execution of both offline and online promotional product transactions. This gives us the ability to generate revenue based on the transactional throughput both inside and outside our platform.
The Group’s technology combined with an experienced team and proven service offerings delivers in-industry scalable growth opportunities and expansion into adjacent markets. We deliver products and services in two distinct areas – Services and Merchanting. Services is comprised of technology and software applications, membership subscriptions, preferred partner programmes, and marketing services programmes. Our Merchanting programmes include our affiliate programme, ACS and our adjacent market programme, where the Group is the principal in the sale of promotional products.
What We Do
We deliver Services to our members, affiliates and preferred partners that helps them to drive sales growth, increase cost savings and improve their efficiency and ease of doing business. Our Merchanting teams drive scalable growth on sales, ensuring we have the right products available for fulfilling our customers’ needs, effective and seamless processing of orders and tight working capital management.
Why Invest
The Group’s prior investments in a flexible technology platform and business infrastructure has delivered a powerful foundation and an immediate springboard to scalable future growth in both revenue and profit. Given our investment in technology and talent, we are confident in our ability to scale the business. Our Services and Merchanting programmes both have strong business development pipelines and, the Group has continued to expand with new partner agreements signed across all key programmes.
Nichole Stella, CEO
Nichole is a results-driven C-Suite executive with expertise in business growth and management. Nichole served as president of the Promo Marketing Media Group. During her tenure she had direct profit and loss accountability resulting in revenue growth of over 75% in the last 3 years and more than doubled the groups profits. Under her leadership, the group won numerous in-industry and out-of-industry awards.
Throughout her career she has demonstrated success in transforming and scaling brands and businesses, developing and launching new online products and services, and forging growth focused strategic partnerships.
Graham Feltham, CFO
Graham Feltham is an experienced public company CFO, and joins from AIM listed Newmark Security plc, where he was appointed CFO in 2019. Graham began his career at Ernst & Young, where he qualified as a Chartered Accountant in 2000. Subsequently, Graham worked at Belron International Ltd, the world’s largest vehicle glass repair and replacement company. Following his time at Belron, Graham spent approximately five years at StatPro Group plc, an AIM listed Software development group, as European Financial Controller and Group Financial Controller, where he managed the external financial reporting and performance and analysis teams.
Following StatPro, Graham spent over four years as Group Financial Controller of Safetykleen Group, a private equity owned group specialising in a recurring book of business in surface cleaners and with annual revenues of over £235 million. Graham played a key role in the sale of Safetykleen by Warbug Pincus to APAX Partners for £800 million in 2017. He joined Newmark Security from Safetykleen in 2019 where he raised finance, secured significant tax credits, restructured the finance team and delivered the strategic business plan for the Group.
Paul Hill from Vox Markets – Five Babies in the Small Cap Bathwater
Paul Hill from Vox Markets is a professional investor, capital markets commentator & equity analyst with more than 30 years experience.
Company presentation – Tharisa plc
Tharisa is an integrated resource group critical to the energy transition and decarbonisation of economies. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its principal operating asset is the Tharisa Mine located in the south-western limb of the Bushveld Complex, South Africa. The mechanised mine has a 20-year open-pit life and the ability to extend operations underground by at least an additional 40 years. Tharisa also owns Karo Mining Holdings and Salene Chrome, development stage, low-cost, open-pit PGM and chrome assets respectively, located on the Great Dyke in Zimbabwe. The Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a roadmap is continuing to be net carbon neutral by 2050. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS).
Phoevos Pouroulis, Chief Executive Officer
Phoevos Pouroulis is the Chief Executive Officer of the Tharisa plc, with responsibility for overall strategy and management. Phoevos has held various senior managerial and operational positions in his more than 17-year career. He has extensive experience in project management, mining design, commissioning and mining operations, including chrome and PGM mines, having been involved in South Africa’s mining industry since 2003. He has served as Commercial Director for Chromex Mining plc and was a founding member of Keaton Energy. Phoevos is the past President of the International Chrome Development Association. Qualifications: Bachelor of Science and Business Administration, (Boston University, USA)
Company presentation – Duke Royalty plc
Duke Royalty is the leading corporate royalty finance provider in the UK and Europe, a finance solution widely used in America. The Company’s management team consists of royalty finance pioneers and specialists with over 75 years of direct royalty investing experience.
Listed on the London Stock Exchange, Duke Royalty (AIM:DUKE) is a long-term, flexible capital partner to established and profitable SMEs in the UK, North America and continental Europe. Duke Royalty provides shareholders with a high yielding quarterly dividend.
This is achieved due to the robust, predictable and long-term cash flows delivered from its diverse portfolio of mature, profitable SMEs. It provides partners with a lump sum of capital in return for a percentage of revenue on a term of 30+ years. Royalty finance (or revenue-based financing) is akin to a ‘corporate mortgage’ and the model, first popularised in North America, is proven to withstand economic cycles and offers SMEs an alternative, flexible form of financing. Unlike other lending options, Duke’s royalty finance model empowers business owners to realise their long-term business goals without compromising owner control or adding debt re-financing risk to the business.
The pandemic has forced a significant number of SMEs to take on unsustainable levels of debt and with banks tightening their lending criteria, there is heightened demand for alternative forms of finance.
Neil Johnson is Duke Royalty’s Chief Executive Officer with responsibility for the overall strategic direction and performance of the company. Working closely with the other Board members and the Investment Committee, he leads all deal origination, due diligence and structuring.
Mr. Johnson has approximately 30 years of experience in investment banking, merchant banking, and research analysis in both the Canadian and UK capital markets. In 2012 he co-founded and became Chief Executive Officer of Difference Capital Financial, a Canadian publicly listed merchant bank. For the previous 19 years he worked for Canaccord Genuity, first in Canada and later at Canaccord London rising to the positions of Head of Corporate Finance (Europe), Global Head of Technology, and a member of the Global Executive Committee.
Hugo Evans is responsible for all of Duke Royalty’s finance and treasury operations and has oversight of Duke Royalty’s corporate governance and UK plc responsibilities.
Prior to joining Duke, Mr. Evans spent two years as the Group Finance Director of Kingswood Wealth Group, an AIM-Listed retail wealth management business. Before KWG, Hugo spent six years at boutique fund management firm Ocean Dial Asset Management, where he set up the operational, financial and compliance infrastructure of the business. Mr. Evans qualified as a Chartered Accountant with Grant Thornton.
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