Jaywing (JWNG)

Sector:

Media

Index:

FTSE AIM All-Share

 9.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.50p
  • 52 Week Low: 8.35p
  • Currency: UK Pounds
  • Shares Issued: 93.33m
  • Volume: 17,354
  • Market Cap: £8.87m

Jaywing buys Epiphany Solutions

Date: Tuesday 18 Mar 2014

LONDON (ShareCast) - Marketing and consulting business Jaywing has bought Epiphany Solutions for an initial cash consideration of 11m pounds.

Jaywing is buying 100% of the UK marketing agency’s share capital, which includes a further deferred payment of £1m and an earn out consideration of up to £6m to be paid in two instalments over two years.

The acquisition will be funded by the company's existing cash resources and bank debt.

Epiphany reported a pre-tax profit of £1.43m and gross assets of £2.34m for the year to the end of January 2013.

Founder and Managing Partner Martin Boddy said: "This acquisition is a big statement of our intent to re-invent the business. By focusing on digital opportunities to marry data science with brand, acquisition and customer marketing, we will achieve superior results for our clients and better experiences for their customers.

“Not only is Epiphany a well-run business with good revenue visibility, it is also a great cultural and geographic fit. Most importantly, it provides our unrivalled team of over 50 data scientists with access to the digital data which will fuel our innovation."

Shares jumped 11.76% to 28.50p at 09:52 on Tuesday.

RD

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

 

Jaywing Market Data

Currency UK Pounds
Share Price 9.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 12.50p
52 Week Low 8.35p
Volume 17,354
Shares Issued 93.33m
Market Cap £8.87m

Jaywing Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
32.59% above the market average32.59% above the market average32.59% above the market average32.59% above the market average32.59% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income Not Available
Growth
57.73% below the market average57.73% below the market average57.73% below the market average57.73% below the market average57.73% below the market average
66.04% below the sector average66.04% below the sector average66.04% below the sector average66.04% below the sector average66.04% below the sector average

Jaywing Dividends

No dividends found

Trades for 16-Aug-2022

Time Volume / Share Price
14:48 50 @ 9.78p
09:14 17,304 @ 9.00p

Jaywing Key Personnel

CEO Andrew Robert Fryatt

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