13 August 2012
AVARAE GLOBAL COINS PLC CHANGE OF ADVISERAvarae Global Coins plc ("Avarae"), the UK's only publicly traded specialist company dedicated to purchasing, holding and selling rare and high quality coins, is pleased to announce the appointment of Westhouse Securities Limited as its Nominated Adviser and Broker with immediate effect.
For further information on Avarae Global Coins plc, please contact:Matt Wood / Diane Clarke
Avarae Global Coins plc
+44 (0)16 2461 5614
Tom Price / Paul Gillam
Westhouse Securities Limited
+44 (0)20 7601 6100
Toby Hall/Suzanne Johnson-Walsh
GTH Communications Limited
+44 (0)20 3103 3900
Notes to editors:
Avarae provides access for institutions and individuals
wanting to diversify their investment portfolios away from
the traditional asset classes such as equities, property and
bonds without the need to be an expert in the coin-collecting
sector.
The Company trades in rare, high quality antique coins and
coin collections from across the world. It continues to build
up an impressive portfolio of extremely high quality, rare
coins which it intends to hold both for the long-term (i.e. 3
to 5 years), in order to achieve long-term capital growth for
our shareholders, and also the short-term, in order to take
advantage of short-term trading opportunities, as the market
for rare coins continues to grow.
A principal objective of the Company is to achieve long-term
capital growth through the appreciation in the value of the
coins acquired. Since its formation in 2006, the Company has
achieved a compound annual return of 9.5 per cent. The
Company has no borrowings.
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