IDOX (IDOX)

Sector:

IT Services

Index:

FTSE AIM 100

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28.25p
   
  • Change Today:
    -1.75p
  • 52 Week High: 76.00p
  • 52 Week Low: 27.50p
  • Currency: UK Pounds
  • Shares Issued: 412.97m
  • Volume: 1,820,128
  • Market Cap: £116.66m
  • RiskGrade: 610

Idox announces acquisition of electoral software group Halarose

By Iain Gilbert

Date: Thursday 17 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Public sector information management firm Idox announced on Thursday it had acquired Halarose Holdings, a supplier of electoral back office software and services in the UK for £5m.
The acquisition was in line with the group's strategic focus on the public sector and was seen as a move that would help it to form a larger, more effective elections business capable of rapidly accelerated growth with Halarose set to be completely integrated into Idox's existing elections business, Idox Elections.

The acquisition was comprised of a £3.5m cash payment and another £1.5m in shares.

The Berkshire-based firm will retain its senior management team for a minimum of two years after the acquisition.

Chief executive Andrew Riley said: "The acquisition of Halarose, which has a strong product offering, team, and track record, presents Idox with the opportunity to significantly expand its existing presence in the elections market.

"It is expected to be earnings enhancing in the first full year of ownership and supports our strategy of focusing on and investing in the wider public sector in the UK and abroad."

As of 1125 BST, shares had seen little movement and were up by just 1.76% to 62.08p.

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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.

 

IDOX Market Data

Currency UK Pounds
Share Price 28.25p
Change Today -1.75p
% Change -5.83 %
52 Week High 76.00p
52 Week Low 27.50p
Volume 1,820,128
Shares Issued 412.97m
Market Cap £116.66m
RiskGrade 610

IDOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.18% below the market average16.18% below the market average16.18% below the market average16.18% below the market average16.18% below the market average
61.22% above the sector average61.22% above the sector average61.22% above the sector average61.22% above the sector average61.22% above the sector average
Price Trend
89.69% below the market average89.69% below the market average89.69% below the market average89.69% below the market average89.69% below the market average
85.32% below the sector average85.32% below the sector average85.32% below the sector average85.32% below the sector average85.32% below the sector average
Income
5.16% above the market average5.16% above the market average5.16% above the market average5.16% above the market average5.16% above the market average
83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average
Growth
59.60% above the market average59.60% above the market average59.60% above the market average59.60% above the market average59.60% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% 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.

IDOX Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Oct-17 30-Mar-17
Paid 18-Oct-17 21-Apr-17
Amount 0.39p 0.65p

Trades for 18-Dec-2017

Time Volume / Share Price
16:07 18,300 @ 28.25p
16:06 50,000 @ 28.25p
16:06 20,000 @ 28.25p
16:06 25,000 @ 28.50p
16:05 12,356 @ 28.69p

IDOX Key Personnel

CEO Richard G Q Kellett-Clarke
CFO Jane Mackie
CEO Andrew John Riley

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