My Staffing Business

Third Advance Value Realisation Company Ltd

The Progressive work out team focuses on the smaller end of the UK equity market. The small cap element of the UK market is significant by number but small by value. Liquidity can be poor with holdings often sold at depressed levels.

Whilst institutions are able, if they desire, to dedicate time and resource to this area the potential impact on performance is such that it may not be an efficient use of their time. Via an innovative stock swap and limited life fund, Progressive is able to offer institutions a logical and cost effective service whereby we manage an orderly realisation of assets, enhancing value and saving management time.

Key features

• Specialists in realising value from small and illiquid UK listed securities
• Proven investment process with award winning fund
• Highly experienced and successful management team
• Recycle money from non-core holdings and rationalise portfolios
• Focus management resources on performance
• Innovative, unique approach to save management time

Fund Name: Third Advance Value Realisation (TAVR)
Description: Limited life, closed-ended, London listed, launched 2005

###########################################

Progressive operates in a number of distinct areas but the common theme is provision of service which addresses the needs of institutional clients including major retail intermediaries such as private client stockbrokers. Its focus is on niche product areas where it can add value and its investment management staff have a wealth of experience in a variety of asset classes including investment trusts and other closed ended funds, small companies (especially with respect to special situations), private equity, bonds, preference shares, equity income funds, hedge funds and emerging markets. PAML is complemented by access to corporate finance expertise within its sister company, Marshall Securities Limited. Another subsidiary company, Cavendish Administration, administers funds for both internal and external clients.

###########################################

(21/Dec/2005 17:30)

Pub. Date Company Type Description
30/11/2005 THIRD ADVANCE VALUE REALISATION COMPANY LTD (TAVR) SINGLE PROSPECTUS PROSPECTUS - ISSUED IN CONNECTION WITH A PLACING OF UP TO 30,000,000 ORDINARY SHARES AND UP TO 70,000,000 REDEEMABLE PREFERENCE SHARES

Offer date / Admission date: 30/11/2005

ISSUER & INTERMEDIARY
The document is available in a printed form, free of charge, at the following offices:

Issuer Name: THIRD ADVANCE VALUE REALISATION COMPANY LIMITED
Address: C/O CAVENDISH ADMINISTRATION LIMITED
CRUSADER HOUSE
145-147 ST. JOHN STREET
LONDON
EC1V 4RU


Telephone no:
Intermediary: MARSHALL SECURITIES LIMITED
Address: CRUSADER HOUSE
145-147 ST. JOHN STREET
LONDON
EC1V 4RE

Telephone no: