IP Group (IPO)

Sector:

Financials

Index:

FTSE 250

136.20p
   
  • Change Today:
    -3.40p
  • 52 Week High: 155.20
  • 52 Week Low: 77.30
  • Currency: UK Pounds
  • Shares Issued: 1,063.03m
  • Volume: 457,196
  • Market Cap: £1,447.85m
  • RiskGrade: 192

IP Group portfolio company completes Series C financing

By Iain Gilbert

Date: Tuesday 27 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Intellectual property-based business investor IP Group said on Tuesday that portfolio company Artios Pharma had completed a $153.0m Series C financing to fund the further development of its clinical-stage pipeline.
IP Group said Artios launched the fundraiser as part of its efforts to actively develop its pipeline of potentially best-in-class and first-in-class DNA damage response product candidates.

The FTSE 250-listed firm highlighted that Artios' financing followed an $84.0m Series B fundraiser, concluded in August 2018.

IP Group stated it was reviewing the impact of the fundraising on the carrying value of the asset but did not anticipate "a material change" in its value as a result.

As of 0915 BST, IP Group shares were down 0.68% at 117.0p.

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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.

 

IP Group Market Data

Currency UK Pounds
Share Price 136.20p
Change Today -3.40p
% Change -2.44 %
52 Week High 155.20
52 Week Low 77.30
Volume 457,196
Shares Issued 1,063.03m
Market Cap £1,447.85m
RiskGrade 192

IP Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.13% above the market average77.13% above the market average77.13% above the market average77.13% above the market average77.13% above the market average
36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average
Price Trend
75.68% above the market average75.68% above the market average75.68% above the market average75.68% above the market average75.68% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Income
21.81% above the market average21.81% above the market average21.81% above the market average21.81% above the market average21.81% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Growth
46.88% below the market average46.88% below the market average46.88% below the market average46.88% below the market average46.88% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IP Group Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Aug-21 13-May-21
Paid 27-Sep-21 16-Jun-21
Amount 0.48p 1.00p

Trades for 28-Sep-2021

Time Volume / Share Price
10:53 3,110 @ 136.20p
10:53 1,643 @ 136.20p
10:53 17 @ 136.20p
10:53 1,000 @ 136.20p
10:53 166 @ 136.20p

IP Group Key Personnel

CEO Alan John Aubrey
CFO Greg Smith
COO David Baynes

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