Cavendish (CAV)

Sector:

Financials

Index:

FTSE AIM All-Share

12.30p
   
  • Change Today:
    -0.50p
  • 52 Week High: 14.10
  • 52 Week Low: 7.75
  • Currency: UK Pounds
  • Shares Issued: 385.69m
  • Volume: 82,066
  • Market Cap: £47.44m

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FinnCap tumbles as takeover talks with Panmure end

By Michele Maatouk

Date: Friday 25 Nov 2022

LONDON (ShareCast) - (Sharecast News) - FinnCap tumbled on Friday after it said that takeover talks with Panmure Gordon had ended.
The investment bank announced in October that it had received indicative non-binding proposals from peer Panmure about a possible combination and that early-stage discussions were ongoing.

"As a result of initial discussions, the boards of directors of both finnCap and Panmure Gordon believed that there was sufficient cultural fit and strategic and commercial logic to merit examining a combination of the two businesses," it said in a statement late on Thursday.

"However, following further discussions and in light of each company's strengths as independent entities, each board has concluded that it is not possible to find mutually acceptable terms or structure for such a combination.

"Today, the parties have agreed to end these discussions."

At 0810 GMT, finnCap shares were down 18.9% at 15.00p.

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Cavendish Market Data

Currency UK Pounds
Share Price 12.30p
Change Today -0.50p
% Change -3.91 %
52 Week High 14.10
52 Week Low 7.75
Volume 82,066
Shares Issued 385.69m
Market Cap £47.44m

Cavendish Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.70% above the market average71.70% above the market average71.70% above the market average71.70% above the market average71.70% above the market average
55.10% above the sector average55.10% above the sector average55.10% above the sector average55.10% above the sector average55.10% above the sector average
Price Trend
63.74% above the market average63.74% above the market average63.74% above the market average63.74% above the market average63.74% above the market average
36.63% above the sector average36.63% above the sector average36.63% above the sector average36.63% above the sector average36.63% above the sector average
Income
84.92% above the market average84.92% above the market average84.92% above the market average84.92% above the market average84.92% above the market average
82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average
Growth
3.80% above the market average3.80% above the market average3.80% above the market average3.80% above the market average3.80% above the market average
3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average

Cavendish Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Sep-25 21-Nov-24
Paid 14-Oct-25 11-Dec-24
Amount 0.50p 0.30p

Trades for 28-Aug-2025

Time Volume / Share Price
09:11 1 @ 12.50p
08:01 80,397 @ 12.43p
08:33 68 @ 12.50p
08:33 160 @ 12.50p
08:33 8 @ 12.50p

Cavendish Key Personnel

Chair Lisa Gordon
CFO Ben Procter

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