IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

721.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 778.00
  • 52 Week Low: 611.00
  • Currency: UK Pounds
  • Shares Issued: 374.58m
  • Volume: 782,751
  • Market Cap: £2,700.71m
  • RiskGrade: 149

IG Group slumps after TCMI sells 15.5m shares

By Michele Maatouk

Date: Friday 28 Jan 2022

LONDON (ShareCast) - (Sharecast News) - IG Group slumped on Friday after shareholder TCMI sold 15.5m shares in the online trading platform.
The shares were placed 780p each, which is a 7.5% discount to the closing share price on Thursday.

According to Bloomberg, Barclays and Jefferies were the bookrunners.

At 0900 GMT, IG shares were down 6.6% at 790p.

TCMI received shares in IG when the London-listed group bought US online brokerage and investor education platform Tastytrade last year in a $1bn deal. TCMI was one of Tastytrade's two largest investors.

On Thursday, IG shares rallied after it hailed a "record" first-half performance across all of its businesses.

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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.

 

IGG Market Data

Currency UK Pounds
Share Price 721.00p
Change Today 0.50p
% Change 0.07 %
52 Week High 778.00
52 Week Low 611.00
Volume 782,751
Shares Issued 374.58m
Market Cap £2,700.71m
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.22% above the market average74.22% above the market average74.22% above the market average74.22% above the market average74.22% above the market average
66.36% above the sector average66.36% above the sector average66.36% above the sector average66.36% above the sector average66.36% above the sector average
Price Trend
39.26% above the market average39.26% above the market average39.26% above the market average39.26% above the market average39.26% above the market average
25.86% above the sector average25.86% above the sector average25.86% above the sector average25.86% above the sector average25.86% above the sector average
Income
77.92% above the market average77.92% above the market average77.92% above the market average77.92% above the market average77.92% above the market average
67.16% above the sector average67.16% above the sector average67.16% above the sector average67.16% above the sector average67.16% above the sector average
Growth
59.55% below the market average59.55% below the market average59.55% below the market average59.55% below the market average59.55% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IGG Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Feb-24 21-Sep-23
Paid 01-Mar-24 19-Oct-23
Amount 13.56p 31.94p

Trades for 18-Apr-2024

Time Volume / Share Price
16:50 250,347 @ 719.02p
16:35 182,319 @ 721.00p
16:35 2,876 @ 721.00p
16:35 1,589 @ 721.00p
16:35 1,344 @ 721.00p

IGG Key Personnel

Chair Robert Michael McTighe
CFO Charlie Rozes
CEO Breon Corcoran

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