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Intermediate Capital ( (GB:ICG) ) has issued an update.
Intermediate Capital Group plc has applied for the admission of 1,096 ordinary shares to the Official List of the Financial Conduct Authority and trading on the London Stock Exchange. This move is related to the vesting of awards under the company’s Omnibus Plan 2020, and the shares are expected to be admitted on June 13, 2025. Following this admission, the total number of voting rights in the company will be 290,637,988, which shareholders can use to determine their notification requirements under the FCA’s rules.
The most recent analyst rating on (GB:ICG) stock is a Buy with a £2700.00 price target. To see the full list of analyst forecasts on Intermediate Capital stock, see the GB:ICG Stock Forecast page.
Spark’s Take on GB:ICG Stock
According to Spark, TipRanks’ AI Analyst, GB:ICG is a Neutral.
Intermediate Capital Group’s overall score reflects strong financial performance and positive corporate events, enhanced by robust fundraising and high ESG standards. However, technical analysis indicates bearish market momentum, and the valuation is moderate. The correction in holdings notification slightly impacts transparency views.
To see Spark’s full report on GB:ICG stock, click here.
More about Intermediate Capital
Intermediate Capital Group plc operates in the financial services industry, focusing on providing capital solutions and investment management services. The company is known for its expertise in private debt, credit, and equity, serving a diverse range of clients globally.
Average Trading Volume: 1,278,158
Technical Sentiment Signal: Hold
Current Market Cap: £5.7B
See more insights into ICG stock on TipRanks’ Stock Analysis page.