Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

IP Group PLC Add to portfolio

LON250:IPO, Feb 28, 11:41 UTC

Latest LON250:IPO News

Filter your feed

Apply Filter

Tuesday, March 26


News

IP Group Reports Growth In Portfolio And Net Asset...

IPO

LONDON (Alliance News) - IP Group PLC on Tuesday expressed confidence for the year ahead as its ... LONDON (Alliance News) - IP Group PLC on Tuesday expressed confidence for the year ahead as its net asset value grew by 4.4% in 2018. At the end of 2018, the value of the FTSE 250-listed company's portfolio had increased to GBP1.13 billion, from GBP1.10 billion the year before, as a result of the fair value movements and a net investment of GBP71.4 million. IP Group deployed capital into nine new companies or projects during the year, five of which were located in the UK, two in the US and two in Australasia. "The group had a disappointing financial performance in 2018, the most significant driver of which was share price declines of a number of AIM-listed portfolio companies," said Chair Douglas Flint.

Read Full Details

Topics:
  • Business
  • Financial
News

IP Group swings to loss as its AIM listed portfolio companies hit by market rout

IPO

IP Group swings to loss as its AIM listed portfolio companies hit by market rout. StockMarketWire.com - IP Group delivered 'disappointing' annual results as it swung to a loss on falling net assets driven by share price declines in a number of its AIM listed portfolio companies. For the year ended 31 December 2018, the company reported a loss of £293.8m compared with a profit of £53.4m a year earlier and hard net asset value fell 5.9% to £1.22bn, with the fair value of the portfolio broadly flat at £1.13bn. The net portfolio loss was £48.4m compared with a gain of £94.2m seen last year. The major contributors to the unrealised losses on the revaluation of investments were Diurnal Group plc (£33.1m), Xeros Technology Group plc (£21.1m), Circassia Pharmaceuticals plc (£14.0m), Cell Medica Limited (£12.4m), Mirriad Advertising plc (£12.3m), Actual Experience plc (£8.4m), OxSyBio Limited1 (6.6m), Abzena plc (£5.2m) and Avacta Group plc (£5.0m).

Read Full Details

Topics:
  • Business
  • Financial

Monday, March 25


News

IP GROUP PLC ORDINARY SHARES UNITED KIN (OTCMKTS:IPZYF) Sellers Rose Their Shorts By 2.55%

IPO

IP GROUP PLC ORDINARY SHARES UNITED KIN (OTCMKTS:IPZYF) Sellers Rose Their Shorts By 2.55%. It was recorded an increase on IP GROUP PLC ORDINARY SHARES UNITED KIN (OTCMKTS:IPZYF)’s short interest with 2.55%. IP Group Plc is a private equity and venture capital firm specializing in seed, early stage, start-up, incubation, and mature financing.The firm is worth $1.40 billion. Another two news for IP Group Plc (OTCMKTS:IPZYF) were recently published by: Seekingalpha.com on February 07, 2018 with title “The Trendlines Group: Invest With The Smart Management And The Smart Money At A Discount To Book – Seeking Alpha”.

Read Full Details

Topics:
  • Business
  • Financial