We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Augmentum Fintech plc (AUGM) Ord

Sell:103.00p Buy:106.00p 0 Change: 5.50p (5.39%)
Market closed Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:103.00p
Buy:106.00p
Change: 5.50p (5.39%)
Market closed Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:103.00p
Buy:106.00p
Change: 5.50p (5.39%)
Market closed Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

In order to achieve its investment objective, the Company invests in early or later stage investments in unquoted fintech businesses. The Company intends to realise value through exiting the investments over time. The Company seeks exposure to early stage businesses which are high growth, with scalable opportunities, and have disruptive technologies in the banking, insurance and wealth and asset management sectors as well as those that provide services to underpin the financial sector and other cross-industry propositions.
Security Weight
Tide Holdings Limited 21.78%
Zopa Holdings Inc 14.35%
Volt 9.23%
Grover 7.16%
Bullionvault *^ 5.44%
Xyb 5.34%
Anyfin 4.04%
Intellis 3.65%
Iwoca Ltd. 3.51%
Gemini (Us) 3.39%

Top 10 sectors currently unavailable.

Country Weight
United Kingdom 8.26%

Fee Structure

An annual fee of 1.5% of the NAV, falling to 1% in excess of GBP 250m. Incentive fee is 15% of the net realised cash profits from the investments and follow-on investments made over the relevant period once the company has received an aggregate annualised 10% realised return on investments.

Dividend Policy

The Company invests with the objective of achieving capital growth over the long term and it is not expected that a revenue dividend will be paid in the foreseeable future. The Board intends only to pay dividends out of revenue to the extent required in order to maintain the investment trust status of Company.

ASSET SPLIT

Total number of holdings: 29.

Trust Manager

Tim Levene

Manager Bio

Tim began his career at Bain & Co before leaving to co-found Crussh the chain of juice bars. In 1999, Tim became a founding employee at Flutter.com and after it merged with Betfair in 2001, he led the commercial side of the business including launching its international business. In 2010 Tim co-founded Augmentum with the backing of RIT Capital. Tim has been a Young Global Leader at the World Economic Forum since 2012 and is the Digital Advisor to the Royal Foundation. He is a member of the UK Fintech Action Group and is a Global Ambassador for Innovate Finance. Tim was also elected as a Common Councillor (Independent) for the Ward of Bridge in the City of London in 2017 and sits on its Finance, Market and Investment Committees.

Board Of Directors

William ReeveChairman, Karen Brade, David Haysey, Conny Dorrestijn, William Russell

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.