Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

451.00p
   
  • Change Today:
      34.50p
  • 52 Week High: 855.00p
  • 52 Week Low: 415.50p
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 1,919,351
  • Market Cap: £292.86m
  • RiskGrade: 183
  • Beta: 1.52

Liontrust extends main offer period for GAM Holdings

By Alexander Bueso

Date: Monday 24 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Liontrust Asset Management extended the offer period for its proposed acquisition of GAM Holdings AG.
The period was extended by three days until 28 July.

Liontrust said that the extension would allow GAM's shareholders more time to consider Liontrust's waiver of the FMS Exit condition, by which it sell its fund management services in Luxembourg and Switzerland.

It would also give them more time to analyse Liontrust's own offer and the impications of a partial offer for 17.5% of GAM's shares by NewGame SA made on 18 June.

"The Proposed Acquisition is the best way to ensure a future for GAM and a positive outcome for its shareholders and clients.

"[...] Liontrust also notes that GAM's senior investment managers have written a second letter to its Board stressing their strong support for the Liontrust offer."



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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.

 

LIO Market Data

Currency UK Pounds
Share Price 451.00p
Change Today 34.50p
% Change 8.28 %
52 Week High 855.00p
52 Week Low 415.50p
Volume 1,919,351
Shares Issued 64.94m
Market Cap £292.86m
Beta 1.52
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.5% below the market average46.5% below the market average46.5% below the market average46.5% below the market average46.5% below the market average
9.26% below the sector average9.26% below the sector average9.26% below the sector average9.26% below the sector average9.26% below the sector average
Price Trend
79.28% below the market average79.28% below the market average79.28% below the market average79.28% below the market average79.28% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Income
66.40% above the market average66.40% above the market average66.40% above the market average66.40% above the market average66.40% above the market average
65.62% above the sector average65.62% above the sector average65.62% above the sector average65.62% above the sector average65.62% above the sector average
Growth
4.64% below the market average4.64% below the market average4.64% below the market average4.64% below the market average4.64% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 28-Nov-24 04-Jul-24
Paid 08-Jan-25 09-Aug-24
Amount 22.00p 50.00p

Trades for 21-Nov-2024

Time Volume / Share Price
16:36 35,000 @ 451.00p
16:36 32,839 @ 451.00p
16:35 362 @ 451.00p
16:35 96,981 @ 451.00p
16:35 1,254 @ 451.00p

LIO Key Personnel

CEO John Stephen Ions

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