Strategic Equity Capital plc (SEC) Ordinary GBP 0.10
Sell:370.00p
Buy:374.00p
0
Change:
6.00p
(1.61%)
![](https://online.hl.co.uk/img/hl/layout/security-down-arrow.gif)
FTSE All Share:0.39%
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Prices as at close on 16 August 2024
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Sell:370.00p
Buy:374.00p
Change:
6.00p
(1.61%)
![](https://online.hl.co.uk/img/hl/layout/security-down-arrow.gif)
![Deal now](https://online.hl.co.uk/img/form-buttons/deal-now-button.jpg)
Market closed |
Prices as at close on 16 August 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:370.00p
Buy:374.00p
Change:
6.00p
(1.61%)
![](https://online.hl.co.uk/img/hl/layout/security-down-arrow.gif)
Market closed |
Prices as at close on 16 August 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
![Deal now](https://online.hl.co.uk/img/form-buttons/deal-now-button.jpg)
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
The investment objective of the company is to achieve absolute returns rather than relative returns over a medium-term period, principally through capital growth. Our strategy is to invest in publicly quoted companies which we believe will increase their value through strategic, operational or management initiatives based on a private equity approach to quoted companies. We follow a practice of constructive corporate engagement and aim to work with management teams in order to enhance shareholder value. We attempt to build a consensus with other stakeholders and prefer to work alongside like-minded co-investors as leaders, followers or supporters. We are long-term investors and typically aim to hold companies for the duration of rolling three-year investment plans that include an entry and exit strategy and a clearly identified route to value creation. The duration of these plans can be shortened by transactional activity or lengthened by adverse economic conditions.
Security | Weight |
---|---|
XPS Pensions Group Plc GBP0.0005 | 18.93% |
Fintel Plc ORD GBP0.01 | 11.54% |
Brooks MacDonald Group Ordinary 1p Shares | 9.38% |
Iomart Group Ordinary 1p | 9.06% |
Ricardo plc Ordinary 25p Shares | 8.12% |
Hostelworld Group plc Ordinary EUR0.01 | 5.60% |
Wilmington plc Ordinary 5p | 5.50% |
LSL Property Services Ord GBP0.002 | 5.13% |
Inspired plc ORD GBP0.0125 | 4.78% |
Tribal Group Ordinary GBP 5 Pence | 4.49% |
Sector | Weight |
---|---|
Consumer Cyclical | 26.49% |
Industrials | 24.44% |
Technology | 16.13% |
Financial Services | 11.98% |
Real Estate | 9.05% |
Consumer Defensive | 5.50% |
Healthcare | 3.78% |
Communication Services | 2.63% |
Country | Weight |
---|---|
United Kingdom | 100.00% |
Fee Structure
Basic management fee is 0.75% of the NAV of the company, payable quarterly in arrears. The performance is 10% of any excess of the NAV total return over the higher of the Benchmark NAV per share and the high watermark. The contract is terminable on 12 months notice.
Dividend Policy
The Directors continue to expect that returns for Shareholders will derive primarily from the capital appreciation of the shares rather than from dividends. In line with previous years, the Board does not intend to propose an interim dividend.
ASSET SPLIT
Trust Manager
Ken Wotton
Manager Bio
Ken joined Gresham House in November 2018, with its acquisition of Livingbridge Equity funds. He spent 11 years previously with Livingbridge and continues to lead the Equity Funds investment team managing all AIM and other listed investments, including the Baronsmead VCTs, LF Gresham House UK Micro Cap fund and LF Gresham House UK Multi Cap Income fund. He graduated from Oxford University before qualifying as a Chartered Accountant with KPMG and following he moved into equity research with Commerzbank then Evolution Securities. Whilst there he built sector expertise in tech & telcos, along with a strong knowledge of large / small listed companies and their associated corporate transactions.
Board Of Directors
William BarlowChairman, Annie Coleman, Richard Locke, Howard Williams, Brigid Sutcliffe
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.
![Deal now](https://online.hl.co.uk/img/form-buttons/deal-now-button.jpg)
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'.