Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGateley Holdings Share News (GTLY)

Share Price Information for Gateley Holdings (GTLY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 141.00
Bid: 140.00
Ask: 142.00
Change: -2.00 (-1.39%)
Spread: 2.00 (1.429%)
Open: 142.50
High: 143.00
Low: 141.50
Prev. Close: 143.50
GTLY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Gateley Holdings To Acquire Kiddy & Partners For Up To GBP3 Million

Mon, 09th Jul 2018 10:27

LONDON (Alliance News) - Law firm Gateley Holdings PLC on Monday said it will acquire Kiddy & Partners LLP for a maximum consideration of GBP3.0 million.

Gateley will initially pay GBP850,000 for business psychologists Kiddy, half through the issue of 251,207 shares and half in cash.

A further GBP2.15 million may be paid - also half in cash and half in shares - based on 4.5 times

earnings before interest, taxation, depreciation, and amortization by April 30, 2021.

Kiddy will keep its name and become a subsidiary of Gateley. In 2017, Kiddy's revenue from continuing operations was GBP2.4 million and its operating profit was GBP213,000. It is expected to immediately enhance Gateley's earnings.

"This acquisition significantly broadens and strengthens our employment and people services offering...Kiddy represents our first acquisition in the human capital sector," said Gateley Chief Executive Officer Michael Ward.

Shares in Gateley were trading up 1.5% at 170.00 pence on Monday.

More News
16 Jul 2015 09:28

Gateley confident about future, expects revenue to increase 10%

(ShareCast News) - Law firm Gateley has said it is confident about the future after predicting revenues will reach £60m this year. In a pre-close trading statement for the year to 30 April, the firm, which became the first UK law firm to be publicly listed last month, said it expects revenue to grow

Read more
16 Jul 2015 09:01

Gateley Second Half Performance Strong, Earnings To Meet Expectations

Read more
8 Jun 2015 11:00

Gateley raises £30m with AIM float

Commercial law firm Gateley has raised £30m from its listing on London's AIM market. The company raised the cash by placing just under 31.6m shares on the London Stock Exchange's AIM market at 95p each, giving it a market capitalisation of £100m. The company raised $5m and its selling shareholders

Read more
8 Jun 2015 08:24

Gateley Shares Rise In Early Dealings As It Lists On AIM Market (ALLIPO)

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.