Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Intermediate Capital ( (GB:ICG) ) has shared an update.
Intermediate Capital Group PLC announced that its CEO and CIO, Benoît Durteste, transferred a significant number of shares to a charitable trust and a partnership. These transactions, involving a total of 1,748,688 ordinary shares, were conducted for nil consideration and in exchange for a partnership interest, respectively. This strategic move reflects a potential shift in Durteste’s personal investment strategy and may have implications for the company’s shareholding structure, although it does not alter his retained interest in the company.
More about Intermediate Capital
Intermediate Capital Group PLC is a prominent player in the financial industry, specializing in providing mezzanine finance, private debt, and equity investments. The company focuses on offering capital solutions to a diverse range of businesses, enhancing their growth and development across various markets.
YTD Price Performance: 6.87%
Average Trading Volume: 974,459
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.3B
Learn more about ICG stock on TipRanks’ Stock Analysis page.