3i Infrastructure (3IN)

Sector:

Financials

Index:

FTSE 250

338.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 340.00
  • 52 Week Low: 278.50
  • Currency: UK Pounds
  • Shares Issued: 922.35m
  • Volume: 998,053
  • Market Cap: £3,117.54m

3i Infra buys 92% stake in SRL Traffic Systems for £191m

By Frank Prenesti

Date: Monday 06 Dec 2021

LONDON (ShareCast) - (Sharecast News) - 3i Infrastructure has bought a 92% stake in equipment rental company SRL Traffic Systems for £191m.
Management has re-invested to buy the remaining 8% stake, while 3i provided a further £83m of debt financing to SRL with the intention of replacing this with third party debt "in due course", the company said on Monday.

Chesire-based SRL owns a fleet of almost 13,000 items of equipment including temporary traffic lights, which it rents to local authorities, utilities, contractors and traffic management companies from a nationwide network of depots.

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

 

3IN Market Data

Currency UK Pounds
Share Price 338.00p
Change Today 2.50p
% Change 0.75 %
52 Week High 340.00
52 Week Low 278.50
Volume 998,053
Shares Issued 922.35m
Market Cap £3,117.54m

3IN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.83% above the market average81.83% above the market average81.83% above the market average81.83% above the market average81.83% above the market average
75.93% above the sector average75.93% above the sector average75.93% above the sector average75.93% above the sector average75.93% above the sector average
Price Trend
33.18% above the market average33.18% above the market average33.18% above the market average33.18% above the market average33.18% above the market average
18.97% above the sector average18.97% above the sector average18.97% above the sector average18.97% above the sector average18.97% above the sector average
Income
46.23% above the market average46.23% above the market average46.23% above the market average46.23% above the market average46.23% above the market average
10.45% above the sector average10.45% above the sector average10.45% above the sector average10.45% above the sector average10.45% above the sector average
Growth
38.45% above the market average38.45% above the market average38.45% above the market average38.45% above the market average38.45% above the market average
50.46% above the sector average50.46% above the sector average50.46% above the sector average50.46% above the sector average50.46% above the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

3IN Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 15-Jun-23
Paid 11-Jan-24 10-Jul-23
Amount 5.95p 5.58p

Trades for 03-May-2024

Time Volume / Share Price
15:03 2 @ 338.50p
16:35 97,470 @ 338.00p
16:35 34 @ 338.00p
16:35 686 @ 338.00p
16:35 720 @ 338.00p

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