HICL Infrastructure (HICL)

Sector:

Investment Firms

Index:

FTSE 250

131.80p
   
  • Change Today:
      1.20p
  • 52 Week High: 139.40p
  • 52 Week Low: 117.20p
  • Currency: UK Pounds
  • Shares Issued: 2,017.90m
  • Volume: 3,685,674
  • Market Cap: £2,659.59m
  • RiskGrade: 98

HICL Infrastructure buys further 25% stake in RMG for up to £25m

By Michele Maatouk

Date: Thursday 23 Dec 2021

LONDON (ShareCast) - (Sharecast News) - HICL Infrastructure has agreed to buy a further 25% interest in Road Management Group (RMG) - a holding company comprising two UK shadow toll roads - for up to around £25m.
These include the A417/A419 Swindon-Gloucester and the A1(M) Alconbury-Peterborough. The interest is being acquired from KBR Inc. The acquisition is expected to complete in the first quarter of next year and the investment will be funded by HICL's revolving credit facility.

HICL said the deal aligns with its strategy to continue to source incremental investment opportunities via off-market arrangements in well-known, high-quality core infrastructure assets, and is accretive to key portfolio metrics.

Following the acquisition, it will hold a 58.3% interest in RMG.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HICL Market Data

Currency UK Pounds
Share Price 131.80p
Change Today 1.20p
% Change 0.92 %
52 Week High 139.40p
52 Week Low 117.20p
Volume 3,685,674
Shares Issued 2,017.90m
Market Cap £2,659.59m
RiskGrade 98

HICL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.86% above the market average17.86% above the market average17.86% above the market average17.86% above the market average17.86% above the market average
14.09% above the sector average14.09% above the sector average14.09% above the sector average14.09% above the sector average14.09% above the sector average
Price Trend
12.04% above the market average12.04% above the market average12.04% above the market average12.04% above the market average12.04% above the market average
9.94% below the sector average9.94% below the sector average9.94% below the sector average9.94% below the sector average9.94% below the sector average
Income
39.50% above the market average39.50% above the market average39.50% above the market average39.50% above the market average39.50% above the market average
69.95% below the sector average69.95% below the sector average69.95% below the sector average69.95% below the sector average69.95% below the sector average
Growth
98.66% below the market average98.66% below the market average98.66% below the market average98.66% below the market average98.66% below the market average
97.22% below the sector average97.22% below the sector average97.22% below the sector average97.22% below the sector average97.22% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HICL Dividends

  Latest Previous
  Q1 Q4
Ex-Div 25-Jul-24 23-May-24
Paid 30-Sep-24 28-Jun-24
Amount 2.06p 2.07p

Trades for 27-Sep-2024

Time Volume / Share Price
16:35 647,657 @ 131.80p
16:35 1 @ 131.80p
16:35 1,543 @ 131.80p
16:35 320 @ 131.80p
16:35 1,647 @ 131.80p

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