Equiniti Group (EQN)

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145.80p
   
  • Change Today:
      1.40p
  • 52 Week High: 230.40p
  • 52 Week Low: 133.40p
  • Currency: UK Pounds
  • Shares Issued: 364.54m
  • Volume: 128,027
  • Market Cap: £531.49m

Equiniti's ProSearch reaches £1bn mark in unclaimed assets resolution

By Josh White

Date: Monday 22 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Share services and fintech business Equiniti Group announced on Monday that its specialist asset re-unification business ProSearch had reached the £1bn mark in unclaimed assets resolution.
The FTSE 250 company said around 900,000 investors had used the service, which had reclaimed investments with an average value of more than £1,000.

It said in some cases the amount reclaimed was much higher, with the largest find valued at more than £0.6m and some unclaimed portfolios valued "in the millions".

Equiniti sadi there were a number of reasons cash and share entitlements may not have been claimed, such as a shareholder failing to notify a share registrar of a change of address, or beneficiaries or executors of an estate not being aware of the holding.

"We work with share registrars, banks and building societies to reunite investors and shareholders with their unclaimed assets," said ProSearch managing director Duncan Stevens.

"Often the original investor, or their estate, is unaware they have money owed to them and, while typically it may just be a few hundred pounds, it is also common for it to be tens or hundreds of thousands of pounds."

Stevens said that, despite the effort that went into tracing and reuniting people, there was still a "significant number" of investments that remained unclaimed.

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Equiniti Group Market Data

Currency UK Pounds
Share Price 145.80p
Change Today 1.40p
% Change 0.97 %
52 Week High 230.40p
52 Week Low 133.40p
Volume 128,027
Shares Issued 364.54m
Market Cap £531.49m

Equiniti Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.18% below the market average10.18% below the market average10.18% below the market average10.18% below the market average10.18% below the market average
19.63% above the sector average19.63% above the sector average19.63% above the sector average19.63% above the sector average19.63% above the sector average
Price Trend
50.99% below the market average50.99% below the market average50.99% below the market average50.99% below the market average50.99% below the market average
48.21% below the sector average48.21% below the sector average48.21% below the sector average48.21% below the sector average48.21% below the sector average
Income
10.84% below the market average10.84% below the market average10.84% below the market average10.84% below the market average10.84% below the market average
9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average
Growth
40.64% above the market average40.64% above the market average40.64% above the market average40.64% above the market average40.64% above the market average
21.15% above the sector average21.15% above the sector average21.15% above the sector average21.15% above the sector average21.15% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Equiniti Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-19 11-Apr-19
Paid 25-Oct-19 16-May-19
Amount 1.95p 3.49p

Trades for 13-Jul-2020

Time Volume / Share Price
12:26 175 @ 144.60p
12:20 787 @ 145.10p
12:12 8,358 @ 145.11p
12:02 871 @ 145.80p
12:02 162 @ 145.80p

Equiniti Group Key Personnel

CEO Guy Wakeley
CFO John Stier

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