Syncona Limited NPV (SYNC)

Sector:

Investment Firms

Index:

FTSE 250

154.00p
   
  • Change Today:
    -7.00p
  • 52 Week High: 211.50p
  • 52 Week Low: 137.40p
  • Currency: UK Pounds
  • Shares Issued: 669.33m
  • Volume: 316,032
  • Market Cap: £1,030.77m
  • RiskGrade: 291

Syncona investee Autolus sells more American shares

By Josh White

Date: Thursday 22 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Life science-focussed healthcare company Syncona said on Thursday that its portfolio company Autolus Therapeutics had announced that the underwriters of its public offering of American depositary shares (ADSs), which closed on 13 December, had partially exercised their option to purchase an additional 6,927,102 ADSs.
The FTSE 250 company said the option was at a price of $2.00 per ADS, resulting in additional gross proceeds to Autolus of about $13.9m (£11.5m).

After issuing the additional shares on Wednesday, Autolus had sold a total of 81,927,102 ADSs in the offering, for total gross proceeds of $163.9m.

"Syncona invested approximately $28m in the offering," the company said in its statement.

"Following the offering, Syncona retains a stake of approximately 17.9% in Autolus - amounting to 33,527,163 ordinary shares - which was valued at £55.5m on 21 December according to the offering price."

At 1054 GMT, shares in Syncona were up 0.68% at 178.2p.

Reporting by Josh White for Sharecast.com.

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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.

 

SYNC Market Data

Currency UK Pounds
Share Price 154.00p
Change Today -7.00p
% Change -4.35 %
52 Week High 211.50p
52 Week Low 137.40p
Volume 316,032
Shares Issued 669.33m
Market Cap £1,030.77m
RiskGrade 291

SYNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
10.26% above the sector average10.26% above the sector average10.26% above the sector average10.26% above the sector average10.26% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
81.3% below the sector average81.3% below the sector average81.3% below the sector average81.3% below the sector average81.3% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
38.67% below the sector average38.67% below the sector average38.67% below the sector average38.67% below the sector average38.67% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SYNC Dividends

  Latest Previous
  Final Final
Ex-Div 21-Jun-18 20-Jul-17
Paid 30-Jul-18 23-Aug-17
Amount 2.30p 2.30p

Trades for 26-May-2023

Time Volume / Share Price
16:35 66,534 @ 154.00p
16:35 2,482 @ 154.00p
16:35 4,124 @ 154.00p
16:35 2,555 @ 154.00p
16:35 3,000 @ 154.00p

SYNC Key Personnel

Chair Melanie Gee

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