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Pin to quick picksTP ICAP Share News (TCAP)

Share Price Information for TP ICAP (TCAP)

London Stock Exchange
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Share Price: 227.00
Bid: 227.80
Ask: 227.95
Change: 0.05 (0.02%)
Spread: 0.15 (0.07%)
Open: 223.20
High: 229.80
Low: 223.20
Yest. Close: 226.95
TCAP Live PriceLast checked at -

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IN BRIEF: TP ICAP Completes Louis Capital Buy; Appoints Non-Executive

Fri, 31st Jul 2020 15:32

TP ICAP PLC - London-based interdealer broker - Completes acquisition of European brokerage group Louis Capital Markets and MidCap Partners for USD21 million in cash. Now to pay a deferred non-contingent consideration of USD6 million over two years, and further USD17 million of deferred considerations depending on performance of business over three to five years. Reports interim results next Friday.

Appoints Tracy Clarke as non-executive director with effect from January 1, 2021. Is currently a director at Standard Chartered Bank UK, with roles of chief executive officer for Europe & Americas, and CEO for Private Banking.

Current stock price: 336.00 pence

Year-to-date change: down 18%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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24 Feb 21 19:03

LONDON MARKET CLOSE: Caution Grows After Start-Of-Week Optimism

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17 Feb 21 16:58

UPDATE: Underwriters Secure Deal For Remaining Shares In TP ICAP Offer

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