Tavistock Investments posts bumper profits and historical revenue highs
Disposal of the investment management business in the latest period allowed for full debt pay down
Company
Tavistock Investments PLC
LON:TAVI
Tavistock Investments PLC is a UK wide financial services group dedicated to providing institutional quality investment services to private investors of any wealth. The group has separate advisory and asset management businesses. Tavistock Asset Management manages over £1.2bn on behalf of clients through a competitively priced and wide-ranging Investment Toolkit. Its advisory businesses provide compliance, administration, and accounting services to independent financial advisers.
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Tavistock Investments declares interim dividend after 'most successful trading year'
Ahead of announcing its full audited results in mid-September, Tavistock said it was declaring an interim dividend now of 0.07p
Tavistock Investments buys investment risk profile specialist for £3mln
Tavistock recently bought 21% in Hummingbird's ultimate parent company, LEBC Holdings
Archive
Small cap movers: Tavistock Investments PLC gets favourable response to acquisition decision
A look at some of the major movers in the small caps world over the last week
Tavistock Investments abandons plans to buy independent financial advisory group
The transaction is no longer in Tavistock's strategic interests and therefore will not proceed.
Tavistock Investments to buy independent financial advisory firm for £3.7mln
"We look forward to joining a much larger, well resourced group and to working with Tavistock's management team to expand the Morgans business," said Steve Thorrington, MD of Morgan Financial.
Tavistock Investments to take stake in LEBC for £10mln
"We expect EBITDA to more than double this financial year and look forward to a long and successful partnership with Tavistock, to our mutual benefit," said Derek Miles, LEBC's managing director
Tavistock Investments NAV soars after transformational first half
The advisory business saw 37% revenue growth in the first six months and full-year revenues are expected to exceed those for 2020
Tavistock avoids tax bill for £40mln wealth arm disposal
Tavistock added that its net asset value per share had risen to 8.5p on 31 August
Tavistock Investments looks at buy-backs after wealth sale
"Our future prospects have been transformed by continued strong financial performance"
Tavistock Investments completes Tavistock Wealth sale
The deal is part of a ten-year strategic partnership with Titan Wealth
Tavistock buys Cambridge-based advisor Chater Allan
Chater Allan has £110mln of funds under advice and is expected to add to profits this year
Proactive news headlines: Tavistock Investments, Helium One Global, Open Orphan, Instem...
A glance at some of the day's highlights from the Proactive Investors newswire
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Thungela Resources Ltd tumbles back down after week in the blue chips ends
A round-up of some of London's big risers and fallers on Monday
Tavistock rockets higher on sale of fund management arm
As part of the deal, Tavistock will become Titan’s strategic partner and distribute its products.
Investments and investor services
Tavistock Investments says another two shareholders reject TEAM offer
These letters of intent represent 1% of the firm’s issued share capital
Investments and investor services
Tavistock says 25% of external shareholders are opposed to TEAM proposal
Under stock exchange rules, TEAM has until 20 April to make a firm offer or walk away
Investments and investor services
Tavistock Investments puts in strong finish to fiscal year, says TEAM approach a distraction
"The opportunistic approach made to the company by TEAM plc ... has been an unwelcome distraction for the company."
Tavistock Investments again dismisses Team takeover approach
Team has received letters of intent from six out of 352 registered shareholders of the company
Investments and investor services
Tavistock Investments rejects second TEAM Plc approach, says undervalues company
“Take no action”, the company told investors in a statement this morning.