NI KNOWLEDGE ECONOMY INDEX 2013
FIGURE 8: NORTHERN IRELAND MERGER AND ACQUISITION ACTIVITY, NUMBER OF DEALS AND VALUE (£M) 25
£2,500
20
£2,000
15
£1,500
10
£1,000
Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
£0 Q1 Q2 Q3 Q4
0 Q1 Q2 Q3 Q4
£500
Q1 Q2 Q3 Q4
5
2005
2006
2007
2008
2009
2010
2011
2012
No. of Deals (LH Axis) Total value of deals (£M) (RH Axis)
Source: Experian Corpfin
4.3.4
LOW NUMBERS OF PUBLIC LISTED COMPANIES (PLCS) IN NI
With only five listed companies and relatively low market capitalisation per head, NI lags significantly behind the UK average. The market capitalisation has grown by almost 50% over the year; however, it is still less than a fifth of the value of Wales, which is the next lowest region. The companies that are listed are
Andor Technology, Capital Gearing Trust, First Derivatives, Galleon holdings and UTV Media PLC. The number of listed companies as a proportion of VAT registered businesses (0.01%) does not compare favourably to the UK (0.07%).
TABLE 11: PUBLICLY LISTED COMPANIES, BY UK REGION, 2012 AND 2013 2012
2013
No. of companies
Market capitalisation per head
No. of companies
Market capitalisation per head
656
£157,561
841
£187,984
1924
£29,108
1708
£34,371
South East
135
£22,502
146
£26,154
Scotland
82
£14,522
118
£17,776
North West
71
£1,480
100
£11,186
East Anglia
101
£7,929
127
£10,404
South West
98
£7,728
68
£9,867
North East
85
£5,485
89
£6,731
Midlands
58
£2,954
87
£4,999
Wales
9
£1,532
10
£1,464
Northern Ireland
5
£169
5
£251
London United Kingdom
UK incorporated, but NEC
624
Source: London Stock Exchange Note: Top two regions shaded green and bottom two regions shaded red. Population data is provided on using Government Office Regions. LSE data is presented using Standard Statistical regions and NICEP have estimated business stock figures for the SSRs to calculate market capitalisation per head.
117
25