Science Group (SAG)

Sector:

Support

Index:

FTSE AIM All-Share

 415.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 431.00
  • 52 Week Low: 375.00
  • Currency: UK Pounds
  • Shares Issued: 45.72m
  • Volume: 19,822
  • Market Cap: £189.74m

Science Group to buy TP Group in £17.5m deal

By Michele Maatouk

Date: Monday 31 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Engineering company TP Group surged on Monday after agreeing to be bought by rival Science Group for around £17.5m.
Under the terms of the deal, TP shareholders will be entitled to receive 2.25p a share in cash. This is a premium of around 190% to the closing share price on Friday.

Science Group already owns a stake of about 28% in TP Group.

"The independent Science Group directors consider that there are significant potential synergies with TP Group and that a combination would be attractive to the employees and customers of both organisations," it said.

"TP Group operates primarily in the defence and aerospace sectors which would be complementary to Science Group's activities, with minimal overlap."

At 1545 BST, TP Group shares were up 180% at 2.18p.

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

 

Science Group Market Data

Currency UK Pounds
Share Price 415.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 431.00
52 Week Low 375.00
Volume 19,822
Shares Issued 45.72m
Market Cap £189.74m

Science Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.78% below the market average81.78% below the market average81.78% below the market average81.78% below the market average81.78% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
32.38% above the market average32.38% above the market average32.38% above the market average32.38% above the market average32.38% above the market average
12.87% above the sector average12.87% above the sector average12.87% above the sector average12.87% above the sector average12.87% above the sector average
Income
79.2% below the market average79.2% below the market average79.2% below the market average79.2% below the market average79.2% below the market average
78.12% below the sector average78.12% below the sector average78.12% below the sector average78.12% below the sector average78.12% below the sector average
Growth
17.16% below the market average17.16% below the market average17.16% below the market average17.16% below the market average17.16% below the market average
24% below the sector average24% below the sector average24% below the sector average24% below the sector average24% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Science Group Dividends

  Latest Previous
  Final Final
Ex-Div 20-Jun-24 18-May-23
Paid 19-Jul-24 16-Jun-23
Amount 8.00p 5.00p

Trades for 19-Apr-2024

Time Volume / Share Price
16:29 209 @ 412.00p
16:12 209 @ 412.00p
14:53 3,900 @ 412.00p
14:53 427 @ 416.00p
14:51 3,900 @ 412.00p

Science Group Key Personnel

Finance Director Jon Brett

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