Augean (AUG)

Sector:

Support

Index:

FTSE AIM All-Share

175.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 225.00
  • 52 Week Low: 91.00
  • Currency: UK Pounds
  • Shares Issued: 104.51m
  • Volume: 27,315
  • Market Cap: £182.89m
  • RiskGrade: 208

Augean issued notice of intended penalty by HMRC

By Josh White

Date: Friday 02 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Specialist waste management company Augean has been issued with a notice of intended penalty from Her Majesty's Revenue and Customs for its Augean South business, it confirmed on Friday, for a total amount of £4.6m, covering the period from 1 June 2013 to 30 May 2018.
The AIM-traded firm said HMRC intended to issue the penalty on 30 August.

It said no further announcement would be made unless the intended penalty was withdrawn, or was issued for an amended value.

"It was advised with the group's interim results on 17 July that penalties could be issued," the board said in its statement.

"The group will vehemently challenge and appeal this intended penalty with the tax tribunal expected in 2020.

"The group continues to believe, based on legal advice, that it has paid the correct amount of landfill tax and that HMRC's assessments and intended penalty are incorrect."

Augean said no financial provision would be made for HMRC's assessments, or the intended penalty, based on legal advice received.

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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.

 

Augean Market Data

Currency UK Pounds
Share Price 175.00p
Change Today -5.00p
% Change -2.78 %
52 Week High 225.00
52 Week Low 91.00
Volume 27,315
Shares Issued 104.51m
Market Cap £182.89m
RiskGrade 208

Augean Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.12% below the market average11.12% below the market average11.12% below the market average11.12% below the market average11.12% below the market average
22.94% above the sector average22.94% above the sector average22.94% above the sector average22.94% above the sector average22.94% above the sector average
Price Trend
71.43% above the market average71.43% above the market average71.43% above the market average71.43% above the market average71.43% above the market average
76.79% above the sector average76.79% above the sector average76.79% above the sector average76.79% above the sector average76.79% above the sector average
Income Not Available
Growth
93.42% above the market average93.42% above the market average93.42% above the market average93.42% above the market average93.42% above the market average
98.11% above the sector average98.11% above the sector average98.11% above the sector average98.11% above the sector average98.11% above the sector average

Augean Dividends

  Latest Previous
  Final Final
Ex-Div 15-Jun-17 02-Jun-16
Paid 29-Jun-17 10-Jun-16
Amount 1.00p 0.65p

Trades for 12-Aug-2020

Time Volume / Share Price
16:22 390 @ 171.11p
15:08 35,000 @ 175.00p
15:08 10,000 @ 175.00p
14:44 500 @ 176.44p
14:33 1,129 @ 170.00p

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