Kinovo (KINO)

Sector:

Support

Index:

FTSE AIM All-Share

57.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 79.00p
  • 52 Week Low: 40.80p
  • Currency: UK Pounds
  • Shares Issued: 63.32m
  • Volume: 28,768
  • Market Cap: £36.41m
  • Beta: 0.73

Bilby's founder and deputy chairman retires

By Iain Gilbert

Date: Tuesday 04 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Bilby told investors on Tuesday that Phil Copolo, its founder and deputy chairman, had decided to retire from the business.
Copolo founded P&R Installation in 1978 and grew the business into a leading gas heating business in the South East that was eventually acquired by Bilby at the time of its IPO in 2015.

Bilby also revealed that Phil and his son Leigh disposed of their 12.59m shares in the firm to a number of new and institutional shareholders.

Janet Copolo retained a 7.2% stake as she is subject to a hard lock-in agreement prohibiting the sale of her shares until 3 September 2019.

With Copolo's retirement, Bilby tapped David Ellingham, formerly group finance director, to fill the position.

Lee Venables, managing director of Purdy, Bilby's largest subsidiary, also joined the group's board as executive director responsible for all service and maintenance work and Chris Webster, founder of DCB Kent, was given a seat at the table to take care of all the firm's building services.

Bilby's non-executive chairman, Sangita Shah, said, "We are delighted at David's appointment as CEO of the group. Under his auspices, we are confident that the business will continue to perform and grow. Equally, we are pleased that Lee and Chris are joining the board.

"As the driving forces behind the success of Purdy and DCB they are ideally placed to ensure the group continues to effectively take advantage of the significant opportunities that the market continues to present."

As of 1135 BST, Bilby shares had picked up 2.50% to 108.65p.

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Kinovo Market Data

Currency UK Pounds
Share Price 57.50p
Change Today -0.50p
% Change -0.86 %
52 Week High 79.00p
52 Week Low 40.80p
Volume 28,768
Shares Issued 63.32m
Market Cap £36.41m
Beta 0.73

Kinovo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.60% above the market average3.60% above the market average3.60% above the market average3.60% above the market average3.60% above the market average
16.85% above the sector average16.85% above the sector average16.85% above the sector average16.85% above the sector average16.85% above the sector average
Price Trend
72.53% above the market average72.53% above the market average72.53% above the market average72.53% above the market average72.53% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Income Not Available
Growth
80.85% above the market average80.85% above the market average80.85% above the market average80.85% above the market average80.85% above the market average
78.49% above the sector average78.49% above the sector average78.49% above the sector average78.49% above the sector average78.49% above the sector average

What The Brokers Say

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

Kinovo Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Aug-21 20-Dec-18
Paid 22-Sep-21 31-Jan-19
Amount 0.50p 0.50p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 2,801 @ 57.50p
16:35 2,801 @ 57.50p
13:42 3,750 @ 56.30p
12:52 439 @ 58.90p
11:34 43 @ 58.00p

Kinovo Key Personnel

CEO David Bullen

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