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IN BRIEF: Ideagen declares dividend permitted under takeover by Hg

21st Jun 2022 14:00

Ideagen PLC - Nottingham-based information management, safety, risk and compliance software provider - Declares 0.2875 pence interim dividend for the second half of the financial year that ended April 30. Ideagen says the dividend payment is permitted under the terms of its agreed acquisition by funds managed by London-based private equity firm Hg Pooled Management Ltd. Ideagen's GBP1.06 billion price tag will not be reduced as a result of the dividend payment.

Current stock price: 345.70 pence

12-month change: up 31%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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