NCC GROUP

NCC Group will return £185m to shareholders through a £170m tender offer at 145 pence per ordinary share (an 11% premium to the closing price on 6 July) and an additional £15m buyback programme. The share rose by about 6.6% following the announcement. The capital return follows the sale of the Escode business (net proceeds of around £253m) and will be supported by a proposed capital reduction to create approximately £225m of distributable reserves. The offer covers a maximum of 117,241,379 ordinary shares; participating shareholders have a guaranteed entitlement to around 41.2% of their holdings, and the measures are subject to shareholder approval at the annual general meeting on 23 July 2026. » Plus sur de.investing.com

For the six months to 31 March 2026, NCC reported revenue up 5.0% to £151.3m and adjusted EBITDA of £23.5m (+27.7%), with pre-tax profit at £10.7m. Management forecasts only low- to mid-single-digit revenue growth in the cybersecurity segment for 2026 and an adjusted EBITDA margin of 5.5%–7.5%, disappointing investors. After the sale of Escode (net proceeds around £262.8m), NCC announced a £170m tender offer and a £15m share buyback; Vanguard disclosed a 5.05% stake. A risk-off market following higher US inflation data also weighed on the stock, which fell intraday to 133.4p. » Plus sur de.investing.com

NCC Group reports a 5.0% revenue increase to £151.3m for the first half, adjusted EBITDA of £23.5m (+27.7%) and a pre-tax profit of £10.7m. Growth was driven mainly by the cyber-security business in the UK and APAC region and higher-margin services. Following the sale of the Escode business, the company announces a takeover offer of £170m and a share buyback programme of £15m (total £185m). For 2026, NCC Group expects cyber revenue growth in the low- to mid-single-digit percentage range and an adjusted EBITDA margin in the segment of about 5.5%–7.5%; by the end of the 2028 fiscal year the margin is expected to rise to the mid-teens. » Plus sur de.investing.com