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Phoenix Group Holdings ( (GB:PHNX) ) has issued an announcement.
Phoenix Group Holdings PLC has announced a block listing application for 2,950,000 Ordinary Shares to be admitted to the Official List of the FCA and traded on the London Stock Exchange. These shares are part of the company’s ShareSave Scheme and Deferred Bonus Share Scheme, with the admission expected to be effective on 28 November 2025. This move is likely to enhance the company’s financial flexibility and reward its employees, potentially strengthening its market position.
The most recent analyst rating on (GB:PHNX) stock is a Sell with a £6.60 price target. To see the full list of analyst forecasts on Phoenix Group Holdings stock, see the GB:PHNX Stock Forecast page.
Spark’s Take on GB:PHNX Stock
According to Spark, TipRanks’ AI Analyst, GB:PHNX is a Neutral.
Phoenix Group Holdings’ overall stock score is driven by strong earnings call insights and improved cash flow, despite weak profitability and valuation concerns. The company’s strategic progress and high dividend yield provide some positive outlook, but financial stability risks and ongoing losses weigh on the score.
To see Spark’s full report on GB:PHNX stock, click here.
More about Phoenix Group Holdings
Phoenix Group Holdings PLC operates in the financial services industry, focusing on life insurance and pension funds. The company is known for its expertise in managing closed life insurance funds and providing retirement solutions.
Average Trading Volume: 2,742,612
Technical Sentiment Signal: Buy
Current Market Cap: £6.59B
Learn more about PHNX stock on TipRanks’ Stock Analysis page.