You are here

Prices & Quotes - UK Markets - Admiral Group (ADM)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 3,150.00p
Change Today:
-40.00p
Market Cap:
9,356m
Sector:
Insurance (non-life)

Admiral to sell Penguin Portals, Preminen in 508m deal

By Michele Maatouk

Date: Tuesday 29 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Insurer Admiral has agreed to sell its Penguin Portals and Preminen comparison businesses, which include online portal Confused.com, to RVU - the comparison division of ZPG - in a deal valued at 508m.
Admiral said on Tuesday that proceeds from the sale, net of minority interests and transaction costs, will be around 450m and that it intends to return a majority of this to shareholders "in light of the strong solvency and liquidity position of the group". It will also retain a portion to support investment in new business development over the coming years.

Chief executive officer David Stevens said: "The purchase of the UK and European comparison businesses by RVU offers a positive outcome for our customers and our employees, and also provides good value for our shareholders.

"The combination of Penguin's strengths, notably in insurance comparison across much of Europe, with RVU's strengths beyond insurance and experience in growth through acquisition, provides a solid foundation for the combined businesses to grow and prosper."

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

 

Admiral Group Market Data

Currency UK Pounds
Price 3,150.00p
Change Today -40.00p
52 Week High 3,200.00p
52 Week Low 2,136.00p
Volume 455,781
Shares Issued 297.02m
Market Cap 9,356m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 10
Sell 2
Strong Sell 3
Total 16
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Admiral Group Dividends

  Latest Previous
  Final Special
Ex-Div 06-May-21 03-Sep-20
Paid 04-Jun-21 02-Oct-20
Amount 86.00p 20.70p

Trades for 09-Apr-2021

Time Volume / Share Price
16:45 1,366 @ 3,157.00p
16:45 1,366 @ 3,157.00p
16:38 841 @ 3,150.00p
16:38 1 @ 3,150.00p
16:35 1 @ 3,150.00p

Admiral Group Key Personnel

Chair Annette Court
CFO Geraint Jones
CEO Milena Mondini de Focatiis