TAKING STOCK

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r Ofex continues to attract newcomers. Latest are Northstar Securities, a property group, and Recall, a car audio firm that has developed a vehicle security system.

Northstar is raising pounds 3.3m, selling units of five shares and one warrant at 125p. It is buying the 3M pension fund's property portfolio for pounds 10.5m. Recall is raising pounds 900,000, selling shares at 15p. Its audio business is profitable; the cash will be used to develop the security system which immobilises a vehicle.

r Sunderland could be the next Premiership football club to seek a stock market presence. It is thought to have appointed NM Rothschild and Charterhouse Tilney to advise on a flotation. Bob Murray, the club's chief executive, is thought to be keen to bring the club to market.

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