TPXimpact Holdings (TPX)

Sector:

IT Services

Index:

FTSE AIM All-Share

 142.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 287.50
  • 52 Week Low: 135.00
  • Currency: UK Pounds
  • Shares Issued: 89.80m
  • Volume: 29,529
  • Market Cap: £127.97m

Panoply Holdings acquires digital consultancy Difrent

By Iain Gilbert

Date: Tuesday 08 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Technology-enabled services group Panoply Holdings acquired healthcare-focused digital transformation consultancy Difrent on Tuesday for an initial consideration of £8.8m.
Panoply will pay £4.0m in cash for the Newcastle-based company, funded through an extension of the firm's existing revolving facility with HSBC, with a further £4.8m to be satisfied via the issue of ordinary shares in the group to Difrent's current owners.

The AIM-listed group stated the acquisition would be profitable and immediately earnings enhancing, with Difrent most recently reporting full-year underlying earnings of £900,000 on revenues of £7.4m.

Chief executive Neal Gandhi said: "This acquisition is immediately earnings-enhancing for the group, and clear evidence of our continued momentum against our three-year commercial vision.

"As a disruptive, purposeful and forward-thinking company, the Difrent acquisition perfectly complements our strategy of acquiring best-in-class in companies who share the values and deep sense of purpose that runs through the group."

As of 0930 BST, Panoply shares were down 0.77% at 129.0p.

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TPX Market Data

Currency UK Pounds
Share Price 142.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 287.50
52 Week Low 135.00
Volume 29,529
Shares Issued 89.80m
Market Cap £127.97m

TPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
28.46% below the market average28.46% below the market average28.46% below the market average28.46% below the market average28.46% below the market average
19.27% below the sector average19.27% below the sector average19.27% below the sector average19.27% below the sector average19.27% below the sector average
Income Not Available
Growth
40.83% above the market average40.83% above the market average40.83% above the market average40.83% above the market average40.83% above the market average
52.48% above the sector average52.48% above the sector average52.48% above the sector average52.48% above the sector average52.48% above the sector average

TPX Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Jan-22 23-Sep-21
Paid 28-Jan-22 01-Oct-21
Amount 0.30p 0.40p

Trades for 30-Jun-2022

Time Volume / Share Price
13:58 10,000 @ 135.10p
12:22 5,000 @ 140.00p
11:46 238 @ 140.00p
11:28 5,673 @ 142.50p
11:24 1,468 @ 145.00p

TPX Key Personnel

CEO Neal Narendra Gandhi
CFO Oliver James Rigby

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