Listed financial services group Findlay Securities (Findlay) expects to announce rebranding plans to its shareholders in the coming months.
Findlay, which took over broking firm Aequs Capital (Aequs) in January this year, will give shareholders details of the new combined group’s name in May, Findlay executive chairman Otto Buttula said.
The plan to rebrand the company is part of Findlay’s previously announced rejuvenation strategy, Buttula said.
“We intend on relaunching the company under a new brand, which we expect to go before shareholders some time around May,” he said.
“The corporate entity and personnel restructuring of the combined business is well underway and we are targeting to have this largely completed before the end of the current financial year.”
As well as undertaking internal restructures, Findlay remains in discussions with a number of companies regarding merger and acquisition opportunities, Buttula said.
“We also remain in preliminary discussions with a number of parties with regard to merger and/or acquisition activity and should these talks progress to firm or binding offers we will inform the market at the appropriate time,” he said.
“We continue to believe that the gradual and successful implementation of this strategy will best serve our stakeholders.”
