HGCapital Trust (HGT)

Sector:

Investment Firms

Index:

FTSE 250

490.00p
   
  • Change Today:
    -3.50p
  • 52 Week High: 500.00
  • 52 Week Low: 353.50
  • Currency: UK Pounds
  • Shares Issued: 457.73m
  • Volume: 269,652
  • Market Cap: £2,242.87m
  • RiskGrade: 124

HgCapital-owned firm to acquire German software provider

Date: Wednesday 20 Nov 2013

LONDON (ShareCast) - Fund manager HgCapital has announced that Kallisto, one of its wholly-owned companies, has agreed to the acquisition of 91.85 per cent of the outstanding shares of P&I Personal & Informatik, a payroll and transactional HR software provider in Germany.

The acquisition, which is subject to German and Austrian competition clearance, is expected to reduce the trust's liquid resources to an estimated total of £110.4m (25.6% of the October 31st 2013 net asset value).

The transaction will also reduce the trust's outstanding commitments to participate in investments (all of which are managed by HgCapital) to an estimated £292.4m, it explained.

In addition, Kallisto has announced its intention to make a tender offer for the acquisition of the balance of shares in issue of P&I, HgCapital said.

NR

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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.

 

HGCapital Trust Market Data

Currency UK Pounds
Share Price 490.00p
Change Today -3.50p
% Change -0.71 %
52 Week High 500.00
52 Week Low 353.50
Volume 269,652
Shares Issued 457.73m
Market Cap £2,242.87m
RiskGrade 124

HGCapital Trust Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.71% below the market average60.71% below the market average60.71% below the market average60.71% below the market average60.71% below the market average
81.69% below the sector average81.69% below the sector average81.69% below the sector average81.69% below the sector average81.69% below the sector average
Price Trend
82.28% above the market average82.28% above the market average82.28% above the market average82.28% above the market average82.28% above the market average
93.96% above the sector average93.96% above the sector average93.96% above the sector average93.96% above the sector average93.96% above the sector average
Income
99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
11.29% below the market average11.29% below the market average11.29% below the market average11.29% below the market average11.29% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

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

HGCapital Trust Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 28-Sep-23
Paid 21-May-24 27-Oct-23
Amount 4.50p 2.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 29,080 @ 490.00p
16:35 1 @ 490.00p
16:35 1,002 @ 490.00p
16:35 1,155 @ 490.00p
16:35 120 @ 490.00p

HGCapital Trust Key Personnel

Chair Jim Strang

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