Molten Ventures (GROW)

Sector:

Financials

Index:

FTSE Small Cap

234.00p
   
  • Change Today:
    -16.20p
  • 52 Week High: 430.00p
  • 52 Week Low: 218.50p
  • Currency: UK Pounds
  • Shares Issued: 183.98m
  • Volume: 782,737
  • Market Cap: £430.52m
  • RiskGrade: 184

Deal with Barclays    Trade now with Barclays Stockbrokers

Molten Ventures recent exits total £124m, nears FY target

By Iain Gilbert

Date: Wednesday 14 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124.0m, meaning the group has now almost reached its annual target.
Molten Ventures said it had successfully exited its investment in M-Files via a majority recapitalisation investment, adding the business to its list of exits in 2024, along with Perkbox, Endomag and Graphcore.

The London-listed group added that portfolio company Riverlane's Series C round had successfully raised $75.0m and said that, along with other portfolio developments, continued to underpin Molten's valuation process and net asset values.

Chief executive Martin Davis said: "With this latest realisation, we have surpassed the guidance we gave at the time of our full year results in June, of in the region of £100.0m in realisations this financial year. Furthermore, for this financial year we have almost reached our through-the-cycle target of realisations of 10% of the gross portfolio value.

"The four recent realisations, of M-Files, Graphcore, Perkbox and Endomag, at valuations at or above our holding value evidence not only the high quality of our portfolio and the rigour of our valuation methodology but also the more active M&A market, which continues to normalise after two difficult years."

As of 1010 BST, Molten Ventures shares were up 3.91% at 382.90p.















Reporting by Iain Gilbert at Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


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 234.00p
Change Today -16.20p
% Change -6.47 %
52 Week High 430.00p
52 Week Low 218.50p
Volume 782,737
Shares Issued 183.98m
Market Cap £430.52m
RiskGrade 184

Molten Ventures Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.65% above the market average75.65% above the market average75.65% above the market average75.65% above the market average75.65% above the market average
46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average
Price Trend
21.22% below the market average21.22% below the market average21.22% below the market average21.22% below the market average21.22% below the market average
34.55% below the sector average34.55% below the sector average34.55% below the sector average34.55% below the sector average34.55% below the sector average
Income Not Available
Growth
43.44% below the market average43.44% below the market average43.44% below the market average43.44% below the market average43.44% below the market average
31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 5
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 04-Apr-2025

Time Volume / Share Price
16:35 97,454 @ 234.00p
16:35 207 @ 234.00p
16:35 106 @ 234.00p
16:35 809 @ 234.00p
16:35 288 @ 234.00p

Molten Ventures Key Personnel

CEO Benjamin David Wilkinson

Top of Page