Likewise Group Updates Market on SAYE Option Exercise and Voting Rights

Likewise Group Plc ( (GB:LIKE) ) has shared an announcement.

Likewise Group plc has confirmed that 13,861 share options granted under its 2024 Save As You Earn Scheme have been exercised by a departing employee classified as a good leaver, at an exercise price of 12.4 pence per share, with the shares satisfied through the transfer of existing treasury stock rather than issuing new equity. Following this transaction, the company’s issued share capital remains at 252,983,480 shares, but the number of shares held in treasury has reduced to 2,304,034, leaving 250,679,446 voting shares in circulation, a figure that shareholders should now use when assessing disclosure thresholds under the FCA’s transparency rules.

The most recent analyst rating on (GB:LIKE) stock is a Hold with a £24.00 price target. To see the full list of analyst forecasts on Likewise Group Plc stock, see the GB:LIKE Stock Forecast page.

Spark’s Take on GB:LIKE Stock

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

Likewise Group Plc’s overall stock score reflects strong financial performance and positive corporate events, which are offset by weak technical indicators and a high valuation. The company’s robust revenue growth and strategic investments position it well for future expansion, but current market conditions and valuation metrics suggest caution.

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

More about Likewise Group Plc

Likewise Group plc is a UK-based company listed on AIM under the ticker LIKE, operating in the flooring distribution sector by supplying floorcovering products to retailers, contractors and other trade customers across the domestic and commercial markets.

Average Trading Volume: 258,787

Technical Sentiment Signal: Strong Buy

Current Market Cap: £62.31M

For detailed information about LIKE stock, go to TipRanks’ Stock Analysis page.