You are here

Prices & Quotes - UK Markets - Watchstone Group (WTG)

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:
60.00p
Change Today:
0.000p
Market Cap:
27.49m
Sector:
Software & Computer Services

Watchstone agrees sale of Quintica for 1.35m

By Michele Maatouk

Date: Monday 07 Mar 2016

LONDON (ShareCast) - (ShareCast News) - Insurance technology company Watchstone Group, formerly known as Quindell, has agreed to dispose of Quintica Holdings Limited to Quintica International Holdings for around 1.35m.
Watchstone will be entitled to additional consideration in the event that Quintica is disposed of by QIH in the year following completion of the deal.

Following a review of the business, the company concluded that Quintica - a reseller and integrator of software to the telecoms industries - was non-core, as it does not fit with the group's current strategy and focus and due to its historical performance and associated cash funding requirements.

"Against that backdrop, the board believes a disposal is in the best interest of the group," it said.

Under the terms of the agreement, Watchstone will receive 1m in cash, with 500,000 payable immediately and the rest due by 1 January 2017, plus the repayment of intra-company debt of $500,000 (350,000).

At 0814 GMT, Watchstone shares were up 0.8% to 216.69p.

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

 

WTG Market Data

Currency UK Pounds
Price 60.00p
Change Today 0.000p
52 Week High 180.75p
52 Week Low 48.00p
Volume 19,382
Shares Issued 45.82m
Market Cap 27.49m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
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
Price Trend
market
  1. empty market
  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
Income
Not Available
Growth
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. empty market
  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
P/E
Not Available
PEG
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

WTG Dividends

  Latest Previous
  Final Final
Ex-Div n/a 09-Apr-14
Paid n/a 02-May-14
Amount 0.000p 1.50p

Trades for 27-Nov-2020

Time Volume / Share Price
13:31 2,000 @ 58.60p
13:26 40 @ 62.00p
10:16 159 @ 61.24p
10:01 17,000 @ 58.27p
08:00 13 @ 58.60p

WTG Key Personnel