tiprankstipranks
Advertisement
Advertisement

Harworth Issues New Shares Under Incentive Plan, Updates Voting Rights

Story Highlights
  • Harworth Group has issued 366,960 new ordinary shares under its 2019 Share Incentive Plan.
  • The company’s total ordinary shares now stand at 326,908,824, resetting the base for disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harworth Issues New Shares Under Incentive Plan, Updates Voting Rights

Meet Samuel – Your Personal Investing Prophet

Harworth ( (GB:HWG) ) has shared an update.

Harworth Group plc has issued 366,960 new ordinary shares of 10 pence each under its 2019 Share Incentive Plan, with the shares admitted to trading on 12 May 2026. Following this allotment, the company’s total ordinary shares in issue has risen to 326,908,824, a new share capital base that shareholders must now use when calculating disclosure thresholds for regulatory reporting purposes.

The most recent analyst rating on (GB:HWG) stock is a Buy with a £186.00 price target. To see the full list of analyst forecasts on Harworth stock, see the GB:HWG Stock Forecast page.

Spark’s Take on HWG Stock

According to Spark, TipRanks’ AI Analyst, HWG is a Neutral.

The score is held back primarily by weak and inconsistent cash flow alongside volatile operating performance, despite a relatively solid balance sheet. Technicals are bearish with the stock trading below major moving averages, and valuation looks demanding (high P/E with a low yield), adding further downside risk.

To see Spark’s full report on HWG stock, click here.

More about Harworth

Harworth Group plc is a regeneration, strategic land and development business focused on the industrial and logistics and residential sectors in the North of England and the Midlands. It owns, develops and manages over 15,000 acres across more than 100 sites, regenerating large, complex locations into new I&L developments and serviced, remediated land for sale into I&L and residential markets.

Average Trading Volume: 208,197

Technical Sentiment Signal: Sell

Current Market Cap: £422.3M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1