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Conygar Increases and Completes £3m ZDP Share Acquisition Programme

Story Highlights
  • Conygar has completed its ZDP share acquisition, raising the programme size to £3m.
  • The company bought 2.46m ZDP shares at £1.221, lifting its total holding to 12.46m shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Conygar Increases and Completes £3m ZDP Share Acquisition Programme

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The Conygar Investment ( (GB:CIC) ) has issued an announcement.

The Conygar Investment Company PLC has completed its previously announced programme to acquire zero dividend preference (ZDP) shares in Conygar ZDP PLC, increasing the maximum aggregate consideration from £2.5 million to £3 million in response to shareholder demand. Under the programme, the company purchased 2,457,684 ZDP shares at £1.221 per share, representing the accrued capital entitlement at the time of purchase, and now holds a total of 12,457,684 ZDP shares, a move that consolidates its position in the ZDP structure and may influence its capital structure and obligations to ZDP shareholders.

The most recent analyst rating on (GB:CIC) stock is a Hold with a £32.00 price target. To see the full list of analyst forecasts on The Conygar Investment stock, see the GB:CIC Stock Forecast page.

Spark’s Take on GB:CIC Stock

According to Spark, TipRanks’ AI Analyst, GB:CIC is a Neutral.

Overall score is held back primarily by ongoing large losses and increased leverage despite improved 2025 revenue and a return to positive free cash flow. Technical indicators also point to bearish momentum, and valuation support is limited by a negative P/E and no dividend yield data.

To see Spark’s full report on GB:CIC stock, click here.

More about The Conygar Investment

The Conygar Investment Company PLC is a UK-listed investment company that structures and manages investment vehicles, including zero dividend preference (ZDP) share structures through Conygar ZDP PLC, to support its broader portfolio and financing activities in the real estate and related sectors.

Average Trading Volume: 80,657

Technical Sentiment Signal: Sell

Current Market Cap: £19.38M

See more insights into CIC stock on TipRanks’ Stock Analysis page.

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