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April 1, 1987

ATLANTIC RETAINS JAMES CAPEL AS BROKER

By CBR Staff Writer

Despite the remarkable recent run in its share price which has seen the value of the company double in the last three months, Atlantic Computers Plc has appointed a new lead broker. The selection of James Capel to act alongside Sheppards, which brought Atlantic to the stockmarket in 1983, is seen as part of chairman John Foulston’s efforts to improve the credibility and prestige of Atlantic in particular and computer leasing in general. Foulston himself says that the company felt it needed a major broker, like Capel, with offices worldwide to help it achieve the sort of growth – organic, geographical, and by acquisition – that Atlantic is planning over the next few years. Atlantic’s shares jumped another 17 pence on the news to stand at 562 pence a week ahead of its 1986 results.

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