History
The Company was formed in 1999 as Evestment plc and was originally listed on the Alternative Investment Market. In 2000 it merged with Christows, a west country stockbroker. In 2001 it bought a research house known as Evolution Capital and changed its own name to Evolution Group.
It went on to merge with Beeson Gregory in 2002 and to acquire Williams de Broë in 2006.
On 12 November 2004, Evolution Beeson Gregory was fined £500,000 by the Financial Services Authority for market distortion amounting to market abuse. Evolution short sold 252% of the share capital of Room Service Group plc without any plan to settle these trades. Evolution's head of market making Christopher Potts was also fined £75,000.
It was acquired by Investec in 2011.
Read more about this topic: Evolution Group
Famous quotes containing the word history:
“We are told that men protect us; that they are generous, even chivalric in their protection. Gentlemen, if your protectors were women, and they took all your property and your children, and paid you half as much for your work, though as well or better done than your own, would you think much of the chivalry which permitted you to sit in street-cars and picked up your pocket- handkerchief?”
—Mary B. Clay, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 3, by Susan B. Anthony and Ida Husted Harper (1902)
“The thing that struck me forcefully was the feeling of great age about the place. Standing on that old parade ground, which is now a cricket field, I could feel the dead generations crowding me. Here was the oldest settlement of freedmen in the Western world, no doubt. Men who had thrown off the bands of slavery by their own courage and ingenuity. The courage and daring of the Maroons strike like a purple beam across the history of Jamaica.”
—Zora Neale Hurston (1891–1960)
“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)