TPXimpact Holdings (TPX)

Sector:

IT Services

Index:

FTSE AIM All-Share

280.00p
   
  • Change Today:
      17.50p
  • 52 Week High: 312.50
  • 52 Week Low: 160.00
  • Currency: UK Pounds
  • Shares Issued: 84.97m
  • Volume: 27,643
  • Market Cap: £237.91m
  • Beta: 0.23

Panoply acquires Brisol-based Nudge Digital

By Iain Gilbert

Date: Thursday 01 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Technology-enabled services group Panoply has acquired Nudge Digital, a digital services agency that delivers strategy-led services to the pharmaceutical industry, health sector, and local authorities.
Panoply said on Thursday that it will pay £5.0m for the acquisition, with £1.75m being satisfied in cash and £3.25m being covered by way of the issue of new ordinary shares. The cash portion of the consideration will be funded through the group's own cash reserves.

The AIM-listed group stated the acquisition of the Bristol-based business was "strategically important" to the group and would strengthen its overall position in healthcare and, importantly, provide it with an entry into the pharmaceutical industry.

Panoply also highlighted that the acquisition was "profitable and immediately earnings enhancing" for the group, with Nudge achieving "significant revenue growth" of 151% over the last two years. Nudge will also enter the group with a booked backlog of £2.5m for the 2022 trading year.

Chief executive Neal Gandhi said: "Pulling together Nudge's experience in private healthcare and pharmaceuticals with the group's existing experience across the NHS and local authority adult social care gives us a strong base to become a leader in the healthcare sector in the UK."

As of 1050 BST, Panoply shares were up 7.07% at 265.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TPX Market Data

Currency UK Pounds
Share Price 280.00p
Change Today 17.50p
% Change 6.67 %
52 Week High 312.50
52 Week Low 160.00
Volume 27,643
Shares Issued 84.97m
Market Cap £237.91m
Beta 0.23

TPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
42.80% above the market average42.80% above the market average42.80% above the market average42.80% above the market average42.80% above the market average
35.19% above the sector average35.19% above the sector average35.19% above the sector average35.19% above the sector average35.19% above the sector average
Income Not Available
Growth
43.72% above the market average43.72% above the market average43.72% above the market average43.72% above the market average43.72% above the market average
43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% 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 01-Dec-2021

Time Volume / Share Price
09:46 245 @ 272.60p
08:28 7,000 @ 260.00p
09:17 1,000 @ 281.40p
09:15 56 @ 272.60p
09:14 3,548 @ 281.80p

TPX Key Personnel

CEO Neal Narendra Gandhi
CFO Oliver James Rigby

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