Prime People (PRP)

Sector:

Support

Index:

FTSE AIM All-Share

 54.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 143.50p
  • 52 Week Low: 41.50p
  • Currency: UK Pounds
  • Shares Issued: 12.31m
  • Volume: 0
  • Market Cap: £6.65m
  • RiskGrade: 194

Prime People pulls dividend, warns of 'significant reduction' in demand

By Iain Gilbert

Date: Wednesday 15 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Recruitment business Prime People pulled its final dividend on Wednesday as it warned of a "significant reduction" in demand as a result of the Covid-19 pandemic.

The group said it remained "committed" to paying progressive dividends as soon as appropriate and when there was better clarity on the financial consequences of Covid-19.

Prime People said the impact of the pandemic had varied "considerably" by location and sector but stated it had taken "early action" against the virus, implementing a range of measures to protect itself from the financial impact of the outbreak.

The AIM-listed firm said it was managing staff costs through furlough, reductions in headcount, reduced hours and reductions in remuneration, while also minimising discretionary spending and stalling all planned capital expenditure.

Prime said its present focus was on cash management and matching expenditure to likely levels of business, as well as implementing certain measures to ensure that it was in a position to accelerate activity when markets improve.

As of 1100 BST, Prime People shares were down 2.62% at 59.40p.

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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.

 

Prime People Market Data

Currency UK Pounds
Share Price 54.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 143.50p
52 Week Low 41.50p
Volume 0
Shares Issued 12.31m
Market Cap £6.65m
RiskGrade 194

Prime People Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.99% above the market average54.99% above the market average54.99% above the market average54.99% above the market average54.99% above the market average
48.62% above the sector average48.62% above the sector average48.62% above the sector average48.62% above the sector average48.62% above the sector average
Price Trend
59.37% below the market average59.37% below the market average59.37% below the market average59.37% below the market average59.37% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
59.04% below the market average59.04% below the market average59.04% below the market average59.04% below the market average59.04% below the market average
15.07% below the sector average15.07% below the sector average15.07% below the sector average15.07% below the sector average15.07% below the sector average
Growth
7.47% above the market average7.47% above the market average7.47% above the market average7.47% above the market average7.47% above the market average
4.67% below the sector average4.67% below the sector average4.67% below the sector average4.67% below the sector average4.67% below the sector average

Prime People Dividends

  Latest Previous
  Special Interim
Ex-Div 22-Jan-20 21-Nov-19
Paid 29-Jan-20 06-Dec-19
Amount 16.00p 1.80p

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

Prime People Key Personnel

Finance Director Donka Zaneva-Todorinski

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