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Watkin Jones Seeks Blocklisting of Shares for Restricted Award Plan

Story Highlights
  • Watkin Jones has applied to blocklist 410,000 ordinary shares for use in its restricted share award plan.
  • The new shares will rank equally with existing stock and will not change the Group’s issued share capital, limiting impact on shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Watkin Jones Seeks Blocklisting of Shares for Restricted Award Plan

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The latest announcement is out from Watkin Jones ( (GB:WJG) ).

Watkin Jones has applied to the London Stock Exchange for a blocklisting of 410,000 ordinary shares of 1 penny each to be used for allocations under its restricted share award plan. The new shares, expected to be admitted around 4 February 2026 and ranking pari passu with existing stock, will not alter the Group’s issued share capital, indicating the move is a technical step to facilitate future share-based incentives without immediately diluting existing shareholders.

The most recent analyst rating on (GB:WJG) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.

Spark’s Take on GB:WJG Stock

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

Watkin Jones is currently facing significant financial and valuation challenges, with declining revenues, profitability, and liquidity issues being the most significant factors. Technical analysis indicates a bearish trend, further impacting the stock’s outlook.

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

More about Watkin Jones

Watkin Jones is the UK’s leading developer and manager of residential-for-rent assets, focusing on build-to-rent, purpose-built student accommodation and affordable housing. The Group has long-standing relationships with institutional investors and a capital-light, end-to-end development and management model. Since 1999 it has delivered more than 51,000 student beds and 3,400 build-to-rent apartments, while its Fresh management arm oversees around 21,000 beds and apartments across the UK.

Average Trading Volume: 551,478

Technical Sentiment Signal: Sell

Current Market Cap: £74.56M

See more insights into WJG stock on TipRanks’ Stock Analysis page.

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