IDOX (IDOX)

Sector:

IT Services

Index:

FTSE AIM All-Share

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35.20p
   
  • Change Today:
      0.20p
  • 52 Week High: 66.25p
  • 52 Week Low: 27.00p
  • Currency: UK Pounds
  • Shares Issued: 414.87m
  • Volume: 598,483
  • Market Cap: £146.04m
  • RiskGrade: 270

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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 35.20p
Change Today 0.20p
% Change 0.57 %
52 Week High 66.25p
52 Week Low 27.00p
Volume 598,483
Shares Issued 414.87m
Market Cap £146.04m
RiskGrade 270

IDOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.92% above the market average39.92% above the market average39.92% above the market average39.92% above the market average39.92% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
56.73% below the market average56.73% below the market average56.73% below the market average56.73% below the market average56.73% below the market average
70.64% below the sector average70.64% below the sector average70.64% below the sector average70.64% below the sector average70.64% below the sector average
Income
27.32% above the market average27.32% above the market average27.32% above the market average27.32% above the market average27.32% above the market average
24.44% above the sector average24.44% above the sector average24.44% above the sector average24.44% above the sector average24.44% above the sector average
Growth
74.47% below the market average74.47% below the market average74.47% below the market average74.47% below the market average74.47% below the market average
84.47% below the sector average84.47% below the sector average84.47% below the sector average84.47% below the sector average84.47% below the sector average

IDOX Dividends

  Latest Previous
  Final Interim
Ex-Div 29-Mar-18 05-Oct-17
Paid 20-Apr-18 18-Oct-17
Amount 0.66p 0.39p

Trades for 20-Jul-2018

Time Volume / Share Price
16:35 516 @ 35.20p
16:23 1,000 @ 35.30p
16:05 11,285 @ 35.40p
16:05 8,900 @ 35.40p
14:33 13,063 @ 36.60p

IDOX Key Personnel

CFO Jane Mackie
CEO David Meaden

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