Zotefoams (ZTF)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

392.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 494.00
  • 52 Week Low: 355.00
  • Currency: UK Pounds
  • Shares Issued: 48.62m
  • Volume: 5,154
  • Market Cap: £190.60m
  • RiskGrade: 186

Zotefoams investor Sekisui sells entire stake

By Sean Farrell

Date: Monday 08 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Zotefoams shares fell after one of the company's biggest long-term investors sold its entire stake in the company.
Sekisui Alveo sold 3.8m Zotefoams shares to institutional investors for 350p each in a transaction representing 7.8% of Zotefoam's shares.

The Japanese company held a stake in the polyolefin foams maker for many years after acquiring it when the two companies had a joint venture.

"Following the completion of the placing, the seller will have no remaining interest in the capital of Zotefoams," Peel Hunt, one of the bookrunners on the transaction, said.

Zotefoams shares dropped 6.6% to 399p at 15:19 GMT. The shares had gained 47% in the past year when they closed on Friday.

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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.

 

Zotefoams Market Data

Currency UK Pounds
Share Price 392.00p
Change Today -8.00p
% Change -2.00 %
52 Week High 494.00
52 Week Low 355.00
Volume 5,154
Shares Issued 48.62m
Market Cap £190.60m
RiskGrade 186

Zotefoams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Price Trend
59.04% below the market average59.04% below the market average59.04% below the market average59.04% below the market average59.04% below the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Income
57.18% below the market average57.18% below the market average57.18% below the market average57.18% below the market average57.18% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
8.53% below the market average8.53% below the market average8.53% below the market average8.53% below the market average8.53% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average

What The Brokers Say

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

Zotefoams Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Sep-21 06-May-21
Paid 08-Oct-21 01-Jun-21
Amount 2.10p 4.27p

Trades for 18-Jan-2022

Time Volume / Share Price
16:35 1 @ 392.00p
16:23 130 @ 392.00p
16:22 391 @ 394.00p
16:22 277 @ 392.00p
16:00 1,200 @ 396.00p

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