Numis

Numis Corporation Plc
Company typePublic
LSE: NUM
Founded1989; 35 years ago (1989)
HeadquartersLondon, United Kingdom
Revenue Increase £155.2 million (2020)[1]
Increase £36.8 million (2020)[1]
Increase £31.3 million (2020)[1]
Number of employees
330 (2023)[2]
ParentDeutsche Bank (2023–present)
Websitenumis.com

Numis Corporation Plc is an institutional stockbroker and corporate advisor with its main headquarters in the City of London. It currently employs around 235 staff in London and New York City.[3]

By the autumn of 2017, the firm had 195 stock market clients,[4] and a February 2018 report by Adviser Rankings Ltd found that it was broker to eleven of the largest fifty firms in London's Alternative Investment Market.[5]

History

The firm was originally formed in 1989 as a merger between Hemsley & Co Securities and Raphael Zorn and was known by the name of RZH Ltd before rebranding as Numis in 2000.[6]

In 2016, Oliver Hemsley stood down as Numis CEO after 25 years. Alex Ham and Ross Mitchinson succeeded Hemsley as co-CEOs, with Ham running the firm's advisory and corporate broking arm and Mitchinson its equities business.[7]

In April 2023, Deutsche Bank agreed to acquire Numis in an all-cash deal valued at £410 million.[8] When the purchase was completed on October 13,[9] it was announced that it could be known as Deutsche Numis.

In 1987, the company launched an index to track the UKs smallest 10% of companies. There are currently around 700 constituents.[10]

References

  1. ^ a b c "Annual Report and Accounts 2020" (PDF). Numis. Retrieved 24 February 2021.
  2. ^ Hosking, Patrick; Strydom, Martin (29 April 2023). "Lift for City as Deutsche buys Numis". The Times.
  3. ^ "Independent Research | Investment Analysis | Commercial Due Diligence | Equity Research | Investment Research | Edison Investment Research - Research - Company - Numis Corporation". Edison Investment Research. Retrieved 21 March 2018.
  4. ^ "Financial Times". Retrieved 21 March 2018.
  5. ^ "Numis strengthens hold on top-tier AIM clients while FinnCap takes biggest share of junior market | City A.M". City A.M. 5 February 2018. Retrieved 21 March 2018.
  6. ^ "Member firm information sheets". London Stock Exchange. 28 April 2000. Retrieved 21 March 2018.
  7. ^ "Numis co-chief executive takes home £500,000 more than his colleague". Telegraph.co.uk. 3 January 2018. Retrieved 21 March 2018.
  8. ^ Metcalf, Tom; Arons, Steven (28 April 2023). "Deutsche Bank to Buy UK Boutique Firm Numis for £410 Million". Bloomberg News. Archived from the original on 28 April 2023.
  9. ^ "Deutsche Bank Completes Acquisition of Numis". Deutsche Bank. Retrieved 18 October 2023.
  10. ^ https://www.numis.com/what-we-do/numis-indices
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