Syncona Limited NPV (SYNC)

Sector:

Investment Firms

Index:

FTSE 250

177.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 278.50
  • 52 Week Low: 177.00
  • Currency: UK Pounds
  • Shares Issued: 666.73m
  • Volume: 518,406
  • Market Cap: £1,180.12m
  • RiskGrade: 291

Achilles Therapeutics prices IPO at $175m as Syncona keeps 27% stake

By Frank Prenesti

Date: Wednesday 31 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Syncona portfolio biopharma company Achilles Therapeutics said its US initial public offering (IPO) will raise $175.5m (£127.8mln).
Achilles, which is developing precision T cell therapies to treat solid tumours, will place 9.7m American depositary shares (ADS) on the Nasdaq exchange at $18 each. Trading is expected to start on Wednesday.

Syncona said it would retain a 27% stake in Achilles worth £145.4mln after the float, a £50.6m rise in value since it first invested.

"Today's milestone is a significant achievement for Achilles as it seeks to deliver its ambition of bringing neo-antigen targeted T-cell therapies to cancer patients," said Syncona investment management chief executive Martin Murphy.

"It comes less than five years after Syncona's first investment at the foundation of the company and we look forward to seeing the company's continued progress."

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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.

 

SYNC Market Data

Currency UK Pounds
Share Price 177.00p
Change Today -2.00p
% Change -1.12 %
52 Week High 278.50
52 Week Low 177.00
Volume 518,406
Shares Issued 666.73m
Market Cap £1,180.12m
RiskGrade 291

SYNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
5.84% above the sector average5.84% above the sector average5.84% above the sector average5.84% above the sector average5.84% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
97.23% below the sector average97.23% below the sector average97.23% below the sector average97.23% below the sector average97.23% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
0.61% above the sector average0.61% above the sector average0.61% above the sector average0.61% above the sector average0.61% above 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.

SYNC Dividends

  Latest Previous
  Final Final
Ex-Div 21-Jun-18 20-Jul-17
Paid 30-Jul-18 23-Aug-17
Amount 2.30p 2.30p

Trades for 24-Sep-2021

Time Volume / Share Price
16:36 27,999 @ 177.00p
16:35 34,805 @ 177.00p
16:29 1 @ 178.00p
16:29 204 @ 178.00p
16:29 456 @ 178.00p

SYNC Key Personnel

Chair Melanie Gee

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