Ideagen (IDEA)

Sector:

IT Services

Index:

FTSE AIM 100

196.00p
   
  • Change Today:
      3.50p
  • 52 Week High: 226.00
  • 52 Week Low: 138.00
  • Currency: UK Pounds
  • Shares Issued: 226.63m
  • Volume: 353,983
  • Market Cap: £444.19m

Ideagen makes 'excellent progress' at Redland Solutions unit

By Iain Gilbert

Date: Wednesday 25 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Risk management software provider Ideagen said on Wednesday that it has made "excellent progress" with the recently acquired Redland Solutions business.
Since the acquisition in June, Redland has performed "strongly", it said, securing nine new logo wins with a combined contract value of £1.2m, including "prestigious clients" such as Natixis, Alexander Hall, TPICAP and IG Group.

All of the AIM-listed group's new contract wins were for the supply of Insight, Redland's leading senior management and compliance regime software, significantly increasing the Senior Management and Compliance Regime customer base to 49 from 40.

Chief executive Ben Dorks said: "We are delighted with the progress that the Redland business has made within such a short period of time.

"To win nine new high-quality customers within the first three months following the acquisition is a clear indication of our leadership position within this high growth market and demonstrates the combined value of Redland and Ideagen."

As of 0840 BST, Ideagen shares were up 1.86% at 148.20p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Ideagen Market Data

Currency UK Pounds
Share Price 196.00p
Change Today 3.50p
% Change 1.82 %
52 Week High 226.00
52 Week Low 138.00
Volume 353,983
Shares Issued 226.63m
Market Cap £444.19m

Ideagen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.53% below the market average99.53% below the market average99.53% below the market average99.53% below the market average99.53% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
68.55% above the market average68.55% above the market average68.55% above the market average68.55% above the market average68.55% above the market average
35.92% above the sector average35.92% above the sector average35.92% above the sector average35.92% above the sector average35.92% above the sector average
Income
96.29% below the market average96.29% below the market average96.29% below the market average96.29% below the market average96.29% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
86.26% above the market average86.26% above the market average86.26% above the market average86.26% above the market average86.26% above the market average
85.26% above the sector average85.26% above the sector average85.26% above the sector average85.26% above the sector average85.26% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ideagen Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Feb-20 07-Nov-19
Paid 18-Mar-20 26-Nov-19
Amount 0.10p 0.19p

Trades for 18-Sep-2020

Time Volume / Share Price
16:41 113,000 @ 200.80p
16:37 5,000 @ 196.00p
16:35 60,347 @ 196.00p
16:16 4 @ 195.80p
15:57 9 @ 198.00p

Ideagen Key Personnel

CEO Ben Dorks
COO Barney Kent
CFO Emma Hayes

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