Learning Technologies Group (LTG)

Sector:

IT Services

Index:

FTSE AIM 50

169.60p
   
  • Change Today:
    -0.100p
  • 52 Week High: 235.80
  • 52 Week Low: 137.70
  • Currency: UK Pounds
  • Shares Issued: 786.63m
  • Volume: 421,489
  • Market Cap: £1,334.12m
  • RiskGrade: 177
  • Beta: 0.87

Learning Technologies completes £305m acquisition of GP Strategies

By Josh White

Date: Friday 15 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Digital learning and talent management software company Learning Technologies Group announced the successful acquisition of GP Strategies on Friday.
The AIM-traded firm said the combined business would generate pro-forma revenue of about £500m, and provide LTG with an "enhanced global footprint" of more than 5,000 employees in over 80 countries.

"LTG has a strong track record of successfully integrating acquisitions and has identified significant margin enhancement and cross-sell opportunities," the board said in its statement.

"LTG expects the transaction to be significantly earnings per share accretive from 2022."

The company said the transaction was financed by an £85m share placing and $305m of debt financing, both completed in mid-July.

At 1419 BST, shares in Learning Technologies Group were down 0.1% at 202.2p.

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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.

 

LTG Market Data

Currency UK Pounds
Share Price 169.60p
Change Today -0.100p
% Change -0.06 %
52 Week High 235.80
52 Week Low 137.70
Volume 421,489
Shares Issued 786.63m
Market Cap £1,334.12m
Beta 0.87
RiskGrade 177

LTG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average
7.87% above the sector average7.87% above the sector average7.87% above the sector average7.87% above the sector average7.87% above the sector average
Price Trend
37.59% above the market average37.59% above the market average37.59% above the market average37.59% above the market average37.59% above the market average
29.09% above the sector average29.09% above the sector average29.09% above the sector average29.09% above the sector average29.09% above the sector average
Income
95.62% below the market average95.62% below the market average95.62% below the market average95.62% below the market average95.62% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Growth
81.96% above the market average81.96% above the market average81.96% above the market average81.96% above the market average81.96% above the market average
85.42% above the sector average85.42% above the sector average85.42% above the sector average85.42% above the sector average85.42% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LTG Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Oct-21 03-Jun-21
Paid 29-Oct-21 25-Jun-21
Amount 0.30p 0.50p

Trades for 30-Nov-2021

Time Volume / Share Price
15:24 1,198 @ 169.60p
15:24 340 @ 169.80p
15:24 12 @ 169.70p
15:24 22 @ 169.70p
15:23 205 @ 169.70p

LTG Key Personnel

Chair Andrew Brode
CEO Jonathan Satchell
CFO Kath Kearney Croft

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