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The latest announcement is out from Oakley Capital Investments ( (GB:OCI) ).
Oakley Capital Investments Limited (OCI) has announced its participation in an equity placing by Time Out Group plc, reflecting its existing 38% ownership in the company. OCI will invest up to £3 million in the placing, with the proceeds aimed at addressing Time Out’s working capital needs, supporting potential growth in a new London market, and enhancing its technology capabilities. Additionally, OCI is extending the maturity of its existing £8 million loan to Time Out by a year, with an adjusted interest rate, to further preserve and maximize the value of its investment while aligning with other stakeholders in the venture.
The most recent analyst rating on (GB:OCI) stock is a Buy with a £7.25 price target. To see the full list of analyst forecasts on Oakley Capital Investments stock, see the GB:OCI Stock Forecast page.
Spark’s Take on GB:OCI Stock
According to Spark, TipRanks’ AI Analyst, GB:OCI is a Outperform.
Oakley Capital Investments exhibits a solid overall score driven by a robust balance sheet and attractive valuation. However, income volatility and bearish technical indicators present challenges. Strategic share buybacks are a positive corporate event, indicating management’s confidence and providing support to the stock’s outlook.
To see Spark’s full report on GB:OCI stock, click here.
More about Oakley Capital Investments
Oakley Capital Investments Limited (OCI) is a closed-ended investment fund listed on the London Stock Exchange, focused on providing shareholders with consistent long-term capital growth. It achieves this by offering liquid access to private equity returns through investments in Oakley Funds, which target growth and consolidation opportunities in lower to mid-market sectors. OCI is managed by Oakley Capital Limited, which has expertise in sourcing and managing high-potential assets.
Average Trading Volume: 402,474
Technical Sentiment Signal: Buy
See more data about OCI stock on TipRanks’ Stock Analysis page.