Equiniti Group (EQN)

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FTSE 250

 149.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 230.40
  • 52 Week Low: 133.40
  • Currency: UK Pounds
  • Shares Issued: 364.54m
  • Volume: 245,076
  • Market Cap: £543.16m

Equiniti completes purchase of Aquila Group

By Josh White

Date: Thursday 01 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Specialist technology outsourcer Equiniti Group confirmed on Thursday that the acquisition of Aquila Group Holdings from AquilaHeywood completed on 31 October.
The FTSE 250 company did not disclose financial details of the deal.

It described Aquila as a UK-based life and pensions technology provider for pension schemes and large insurance companies.

The Aquila proprietary platform 'Administrator' supported propositions in workplace savings, bulk purchase annuities and heritage transformation.

Equiniti said the acquisition was in line with its strategy of acquiring capabilities to enhance client offerings, and cemented the EQPaymaster division as a "leading" technology and solutions provider.

Aquila said it would predominantly support Equiniti's life and pensions (L&P) team to add depth of choice to the division's technology solutions, and diversify the overall proposition, as well as enhancing software options available to existing clients.

AquilaHeywood, and its remaining subsidiaries including Heywood, ATMOS and i-Connect, was not being acquired as part of the transaction, and would remain under the ownership of its existing shareholders.

"We are delighted to announce the acquisition of Aquila, a leading provider of software and technology solutions," said EQPaymaster co-chief executive officer Ric Williams.

"Aquila will enhance EQPaymaster's technology and services to the insurance market and broader financial services space, alongside our existing capability.

"I look forward to offering an enhanced combination of technology and services to our new and existing clients and building upon Aquila's investment in the proprietary 'Administrator' platform."

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Equiniti Group Market Data

Currency UK Pounds
Share Price 149.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 230.40
52 Week Low 133.40
Volume 245,076
Shares Issued 364.54m
Market Cap £543.16m

Equiniti Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14% below the market average14% below the market average14% below the market average14% below the market average14% below the market average
12.15% above the sector average12.15% above the sector average12.15% above the sector average12.15% above the sector average12.15% above the sector average
Price Trend
45.66% below the market average45.66% below the market average45.66% below the market average45.66% below the market average45.66% below the market average
46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average
Income
15.62% below the market average15.62% below the market average15.62% below the market average15.62% below the market average15.62% below the market average
10.81% above the sector average10.81% above the sector average10.81% above the sector average10.81% above the sector average10.81% above the sector average
Growth
40.45% above the market average40.45% above the market average40.45% above the market average40.45% above the market average40.45% above the market average
19.23% above the sector average19.23% above the sector average19.23% above the sector average19.23% above the sector average19.23% 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 03-Jul-2020

Time Volume / Share Price
16:35 72,766 @ 149.00p
16:29 2 @ 148.20p
16:29 552 @ 148.20p
16:29 529 @ 147.80p
16:29 132 @ 147.60p

Equiniti Group Key Personnel

CEO Guy Wakeley
CFO John Stier

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