Admiral Group (ADM)

Sector:

Insurance

Index:

FTSE 100

2,200.00p
   
  • Change Today:
    -55.00p
  • 52 Week High: 2,330.00
  • 52 Week Low: 1,887.00
  • Currency: UK Pounds
  • Shares Issued: 294.04m
  • Volume: 786,147
  • Market Cap: £6,469m
  • RiskGrade: 241

Admiral to buy Spanish digital insurance broker Acierto

By Michele Maatouk

Date: Tuesday 30 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Admiral has agreed to buy Spanish digital insurance broker Acierto in partnership with private equity investor Oakley Capital.
The FTSE 100 insurer said on Tuesday that it has agreed to form a joint venture with Oakley and MAPFRE to combine Rastreator - Admiral's digital insurance broker in Spain - and Acierto.

Under the terms of the transaction, a JV company will be established as holding company of both Rastreator and Acierto. Admiral and MAPFRE will collectively retain majority ownership of the JV company, while Oakley Capital will hold a minority stake alongside management.

Chief executive officer David Stevens said: "We are pleased to announce this transaction and partnership with Oakley Capital, which will strengthen the group's insurance proposition in Spain as a digital insurance broker.

"The holding of both Rastreator and Acierto allows us to take advantage of synergies to enhance the customer experience, which will benefit customers across Spain."

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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.

 

Admiral Market Data

Currency UK Pounds
Share Price 2,200.00p
Change Today -55.00p
% Change -2.44 %
52 Week High 2,330.00
52 Week Low 1,887.00
Volume 786,147
Shares Issued 294.04m
Market Cap £6,469m
RiskGrade 241

Admiral Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.93% below the market average83.93% below the market average83.93% below the market average83.93% below the market average83.93% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Price Trend
82.97% above the market average82.97% above the market average82.97% above the market average82.97% above the market average82.97% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
30.58% above the market average30.58% above the market average30.58% above the market average30.58% above the market average30.58% above the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Growth
76.96% above the market average76.96% above the market average76.96% above the market average76.96% above the market average76.96% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 9
Sell 1
Strong Sell 4
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Admiral Dividends

  Latest Previous
  Final Special
Ex-Div 07-May-20 07-May-20
Paid 01-Jun-20 01-Jun-20
Amount 56.30p 20.70p

Trades for 03-Apr-2020

Time Volume / Share Price
16:37 19,712 @ 2,200.00p
16:35 254,875 @ 2,200.00p
16:29 11 @ 2,201.00p
16:29 36 @ 2,201.00p
16:29 100 @ 2,201.00p

Admiral Key Personnel

CEO David Stevens
Chair Annette Court
CFO Geraint Jones

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