Shore Capital appointed as Joint Broker to J Sainsbury plc
Shore Capital is pleased to have been appointed as Joint Broker to J Sainsbury plc (LON: SBRY). With over 600 supermarkets and over 800 convenience stores, Sainsbury’s is one of the UK’s leading grocers in-store and online, with a strategic priority on the food market and supported by an important portfolio of complementary brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.
Shore Capital is a leading broker to the consumer and retail sectors in the UK & Ireland, with extensive market coverage and a client base representing the food system from farm to fork. We are looking forward to working with Sainsbury’s as it continues to build on a strong brand heritage and reputation for quality, range and innovation.
J Sainsbury plc has a market capitalisation of £5.9bn and is a constituent of the FTSE100.
For further information please contact:
Shore Capital: +44 (0) 20 7408 4090
Corporate Advisory: Mark Percy
Corporate Broking: Malachy McEntyre
Research: Dr Clive Black / Dr Darren Shirley
For media enquiries, please contact:
Adele Gilbert: +44 (0)7484 778 331
Note to editor
About Shore Capital
We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income. We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM. Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.
Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK, Europe and US.
Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.