Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrontier Dev Share News (FDEV)

Share Price Information for Frontier Dev (FDEV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 292.50
Bid: 291.00
Ask: 294.00
Change: -6.50 (-2.17%)
Spread: 3.00 (1.031%)
Open: 295.50
High: 301.00
Low: 285.00
Prev. Close: 299.00
FDEV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Sigma Capital hits record high on takeover deal

Fri, 11th Jun 2021 10:52

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

----------

AIM - WINNERS

----------

Sigma Capital Group PLC, up 35% at 200.56 pence, 12-month range 84.72p-202p. Hits this 12-month high earlier on Friday, which is also the stock's all-time high. Agrees to be taken over by funds managed by PineBridge Benson Elliot LLP, in a deal worth GBP188.4 million. The build-to-rent housing provider's shareholders will receive 202.1 pence per share in cash, representing a premium of 36% to Sigma's closing price on Thursday. PineBridge Benson Elliot is a pan-European real estate private equity specialist, with USD3.2 billion of managed equity.

----------

Warpaint London PLC, up 15% at 160.89p, 12-month range 62p-163p. Hits this 12-month high earlier on Friday. The cosmetics firm says trading in year-to-date encouraging, and particularly pleased with UK performance. Says UK sales of its brands for first five months of year up 64% on 2020 and up 18% on 2019, with growth in 27 sales helped by roll-out in Tesco PLC shares. "I am optimistic that these positive trends will continue and with cash today of approximately GBP6.6 million and no debt, I believe we are well placed to deliver profitable future growth," says Chair Clive Garston.

----------

AIM - LOSERS

----------

UK SPAC PLC, down 12% at 0.24p, 12-month range 0.21p-1.2p. The cash shell withdraws application for secondary listing on AQSE Growth Market.

----------

Frontier Developments PLC, down 6.9% at 2,447.71p, 12-month range 1,672p-3,470p. The videogames developer and publisher guides to revenue of GBP130 million to GBP150 million for its 2022 financial year. This "prudently assumes" its F1 2022 management game is released early in the 2023 financial year as opposed to late in the 2022 year. AJ Bell investment director Russ Mould notes that the 2022 financial year revenue consensus figure for Frontier was GBP146 million. "That's partly down to expectations that its F1 management game may be pushed back to the 2023 financial year. Given the disappointment associated with the latest Elite game, it's prudent that Frontier doesn't rush release any more releases," said Mould.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
4 Feb 2021 12:55

Thursday broker round-up

(Sharecast News) - GSK: Deutsche Bank downgrades to sell with a target price of 1,150p.

Read more
3 Feb 2021 10:01

Frontier Developments Posts Interim Revenue Rise On Solid Performance

Frontier Developments Posts Interim Revenue Rise On Solid Performance

Read more
3 Feb 2021 08:08

Frontier posts decent first half as game sales surge in lockdowns

(Sharecast News) - Video game developer and publisher Frontier Developments reported revenue of £36.9m in its first half on Wednesday, rising from £32m year-on-year.

Read more
27 Jan 2021 16:12

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
13 Jan 2021 12:00

IN BRIEF: Frontier Developments Guides For Annual Revenue Growth

IN BRIEF: Frontier Developments Guides For Annual Revenue Growth

Read more
14 Oct 2020 16:05

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
10 Sep 2020 14:21

Thursday broker round-up

(Sharecast News) - Hargreaves Lansdown: Deutsche Bank upgrades to hold with a target price of 1,600.0p.

Read more
9 Sep 2020 12:15

Frontier Developments "Future Looks Bright" Despite Annual Profit Fall

Frontier Developments "Future Looks Bright" Despite Annual Profit Fall

Read more
9 Sep 2020 08:05

Frontier Developments FY profits slide on softened revenues

(Sharecast News) - Video games developer Frontier Developments said on Wednesday that full-year profits had fallen as a result of a reduction in revenues.

Read more
2 Sep 2020 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
28 Aug 2020 13:28

Friday broker round-up

(Sharecast News) - CLS Holdings: Berenberg reiterates buy with a target price of 270p.

Read more
28 Aug 2020 11:09

UK WINNERS & LOSERS SUMMARY: Amigo Rises 18% Amid Battle With Founder

UK WINNERS & LOSERS SUMMARY: Amigo Rises 18% Amid Battle With Founder

Read more
28 Aug 2020 10:10

Frontier Developments Annual Outlook Confident On New Releases

Frontier Developments Annual Outlook Confident On New Releases

Read more
28 Aug 2020 08:42

Frontier Developments trades in line, expects FY revenue growth

(Sharecast News) - Video games publisher Frontier Developments said on Friday that year-to-date sales had been consistent with expectations as momentum from its strong close to the prior trading year carried over to the new one.

Read more
21 Jul 2020 12:58

Tuesday broker round-up

(Sharecast News) - Premier Oil: Peel Hunt upgrades to buy with a target price of 50.0p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.