Molten Ventures (GROW)

Sector:

Financials

Index:

FTSE Small Cap

340.00p
   
  • Change Today:
      10.50p
  • 52 Week High: 345.50
  • 52 Week Low: 208.80
  • Currency: UK Pounds
  • Shares Issued: 189.05m
  • Volume: 1,524,044
  • Market Cap: £642.76m
  • RiskGrade: 184

Molten Ventures to exit Perkbox investment

By Josh White

Date: Monday 18 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Venture capital firm Molten Ventures updated the market on its investment in Perkbox on Monday, after Great Hill Partners announced the merger of Vivup and Perkbox as well as an infusion of investment from the growth equity firm.
The London-listed firm said that as a result, pending approval from the Financial Conduct Authority (FCA) for the change of control, Molten would divest its stake in Perkbox.

Benefits and reward platform Perkbox had been under Molten's portfolio since its initial investment in 2016.

It is currently positioned just outside the core portfolio in its reporting, and Molten reported that the transaction placed Perkbox's valuation slightly above Molten's holding value within the group.

At 0905 GMT, Molten Ventures shares were down 1.49% at 252p.

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.

 

Molten Ventures Market Data

Currency UK Pounds
Share Price 340.00p
Change Today 10.50p
% Change 3.19 %
52 Week High 345.50
52 Week Low 208.80
Volume 1,524,044
Shares Issued 189.05m
Market Cap £642.76m
RiskGrade 184

Molten Ventures Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Price Trend
36.24% above the market average36.24% above the market average36.24% above the market average36.24% above the market average36.24% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average
Income Not Available
Growth
21.29% above the market average21.29% above the market average21.29% above the market average21.29% above the market average21.29% above the market average
35.78% above the sector average35.78% above the sector average35.78% above the sector average35.78% above the sector average35.78% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Molten Ventures Dividends

No dividends found

Trades for 07-Jun-2024

Time Volume / Share Price
17:01 220,585 @ 339.71p
16:35 782 @ 340.00p
16:35 1,021 @ 340.00p
16:35 155,028 @ 340.00p
16:35 1,331 @ 340.00p

Molten Ventures Key Personnel

CFO Benjamin David Wilkinson

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