London close: Stocks mixed as UK economy returns to growth
13th Mar 2024 15:00
(Sharecast News) - London markets finished with a mixed performance on Wednesday, following a surge on Tuesday, with investors buoyed by news of the UK economy's return to growth in January.
Read moreIP Group net asset value falls, but losses narrow
13th Mar 2024 07:22
(Sharecast News) - Intellectual property-focussed investor IP Group reported a net asset value of £1.19bn in its results for 2023 on Wednesady, or 114.3p per share, down from £1.38bn and 132.9p per share in 2022.
Read moreIP Group commits £11.8m to portfolio company's funding round
22nd Dec 2023 07:25
(Sharecast News) - IP Group announced its participation in a follow-on funding round for an unnamed portfolio company on Friday, expecting to realise a net fair value gain of £40m, or 4p per share.
Read moreLondon close: Stocks make small gains in wake of rate decisions
18th Dec 2023 15:35
(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.
Read moreIP Group launches £20m share buyback, shares jump
18th Dec 2023 11:42
(Sharecast News) - IP Group surged on Monday as it announced the launch of a share buyback of up to £20m.
Read moreDirector dealings: Wife of IP Group chairman makes share purchase
13th Mar 2023 15:16
(Sharecast News) - IP Group revealed on Monday that Fiona Flint had acquired 46,000 ordinary shares in the intellectual property investor.
Read moreIP Group says it has no exposure to SVB
13th Mar 2023 07:21
(Sharecast News) - IP Group said it had no relationship with the failed US tech investors Silicon Valley Bank or its UK arm.
Read moreIP Group swings to FY loss
8th Mar 2023 09:07
(Sharecast News) - Intellectual property investor IP Group swung to a loss in the twelve months ended 31 December, principally due to changes in value of equities and debt investments.
Read moreIP Group dashes speculation of a possible business combination involving Istesso
30th Jan 2023 07:45
(Sharecast News) - IP Group said talks regarding a possible business combination involving its Istesso, one of its portfolio companies, had been terminated.
Read moreIP Group swings to H1 loss
3rd Aug 2022 07:53
(Sharecast News) - Intellectual property investor IP Group reported a first-half loss of £309.9m on Wednesday, a marked reversal when compared to the £116.5m interim profit recorded at the same time a year earlier.
Read moreIP Group portfolio company completes series A funding round
2nd Aug 2022 09:50
(Sharecast News) - Intellectual property investor IP Group said on Tuesday that portfolio company Hysata had completed an oversubscribed series A funding round to develop a pilot manufacturing facility.
Read moreIP Group NAV falls on stock market correction
14th Jun 2022 08:22
(Sharecast News) - IP Group said its net asset value at May 31 had fallen to around £1.4bn, or 139 pence per share, compared with £1.7bn or 167p at December 31, 2021, due to falling stock markets and the rotation out of growth and technology stocks.
Read moreIP Group portfolio company First Light achieves world first in nuclear fusion
5th Apr 2022 15:28
(Sharecast News) - IP Group said on Tuesday that portfolio company First Light - which was spun off from the University of Oxford - has achieved a world first in nuclear fusion.
Read moreIP Group FY profits more than double
16th Mar 2022 07:25
(Sharecast News) - Intellectual property company IP Group said on Wednesday that full-year profits had more than doubled following solid increases in both its net asset and total portfolio values.
Read moreIP Group's Bramble Energy, First Light Fusion complete funding rounds
14th Feb 2022 07:36
(Sharecast News) - IP Group said its portfolio company Bramble Energy had completed a £35m funding round to further develop and commercialise its fuel cell stack capabilities.
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