By Josh White
Date: Tuesday 22 Mar 2022
LONDON (ShareCast) - (Sharecast News) - Business and regulatory software and services provider Marlowe has acquired Griffin Fire for an enterprise value of £0.7m, it announced on Tuesday.
The AIM-traded firm said Griffin Fire, incorporated as Griffin and General Fire Services, provides fire safety services.
For the year ended 31 December 2020, Griffin Fire generated profit before tax of £0.2m on revenue of £1.4m.
Net assets as at 31 December 2021 totalled £0.4m.
"The acquisition will be funded from Marlowe's existing cash resources," the board said in its short announcement.
At 1152 GMT, shares in Marlowe were flat at 800p.
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Currency | UK Pounds |
Share Price | 324.00p |
Change Today | -6.00p |
% Change | -1.82 % |
52 Week High | 612.00p |
52 Week Low | 295.00p |
Volume | 89,525 |
Shares Issued | 85.06m |
Market Cap | £275.59m |
Beta | 0.42 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 2 |
Buy | 2 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 6 |
Latest | Previous | |
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Special | Interim | |
Ex-Div | 13-Jun-24 | n/a |
Paid | 05-Jul-24 | n/a |
Amount | 155.00p | 0.000p |
Time | Volume / Share Price |
16:41 | 95 @ 324.00p |
16:35 | 3,175 @ 324.00p |
16:35 | 1,250 @ 324.00p |
16:35 | 59 @ 324.00p |
16:35 | 926 @ 324.00p |
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