Report

Update: Investing for growth

Just as Share plc aims to provide retail investors with an accessible platform to invest for the future, so the company is this year engaging in a significant investment in IT to enable it to meet future customer requirements and secure its own ability to benefit from the prospective growth in the population of self-directed investors. This is set to hold back profitability in 2016, but should provide the platform for longer-term growth. Supporting the investment, at the year-end Share had no debt, cash of nearly £12m and capital 3.6 times the FCA requirement.
Underlying
Share

Share's principal business is The Share Centre Limited. The Share Centre provides services to personal investors on a self-select basis. There are four main account types: Share Accounts, which are dealing accounts capable of holding a range of equities, funds, Exchange Traded Funds, bonds and investment trusts; Individual Savings Account (ISA), which has the same functionality but within the tax efficient savings wrapper of an ISA; Self Invested Personal Pension, which provides a tax efficient route through which to save in order to provide a pension in retirement; and Child Trust Fund/Junior ISA, which can be opened by parents and guardians on an unfunded self-select basis.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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