tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JTC Issues New Shares Linked to perfORM Acquisition Earn-Out

Story Highlights
  • JTC is issuing 379,990 new ordinary shares as additional equity consideration for its acquisition of perfORM Due Diligence Services Limited.
  • Following admission of the new shares, JTC will have 172,386,504 ordinary shares in issue, defining the updated total voting rights for shareholders’ disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JTC Issues New Shares Linked to perfORM Acquisition Earn-Out

Claim 70% Off TipRanks Premium

An update from JTC PLC ( (GB:JTC) ) is now available.

JTC PLC has issued 379,990 new ordinary shares as additional equity consideration under the terms of its acquisition of perfORM Due Diligence Services Limited, a London-based technology-led due diligence provider. The company has applied for these shares to be admitted to the premium segment of the FCA’s Official List and to trading on the London Stock Exchange’s main market, with admission expected on 7 January 2026. Following admission, JTC will have 172,386,504 ordinary shares in issue and an equivalent number of voting rights, a figure that shareholders can use as the basis for calculating and disclosing their interests under FCA transparency rules.

The most recent analyst rating on (GB:JTC) stock is a Hold with a £1381.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

Spark’s Take on GB:JTC Stock

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

JTC PLC’s strong financial performance and strategic acquisitions are significant positives. However, the negative P/E ratio and bearish technical indicators weigh on the overall score. The acquisition by Permira-Advised Bidco provides a potential growth catalyst.

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

More about JTC PLC

JTC PLC is a publicly listed, global professional services business specialising in fund, corporate and private client services. The Group emphasises an ownership culture in which every employee is a shareholder, aligning interests with stakeholders, and focuses on service excellence, long-term client relationships and technology-driven efficiency to add value across its international operations.

Average Trading Volume: 1,827,958

Technical Sentiment Signal: Buy

Current Market Cap: £2.17B

See more insights into JTC 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