Topps Tiles (TPT)

Sector:

Retailers

Index:

FTSE Small Cap

39.90p
   
  • Change Today:
      0.70p
  • 52 Week High: 48.80
  • 52 Week Low: 29.10
  • Currency: UK Pounds
  • Shares Issued: 196.50m
  • Volume: 242,952
  • Market Cap: £78.40m
  • RiskGrade: 190

CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe

By Josh White

Date: Thursday 03 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday.

The London-listed firm said the Competition and Markets Authority (CMA) had issued an initial enforcement order (IEO) under the Enterprise Act in relation to the acquisition.

It said the IEO - a standard measure in cases involving completed transactions under CMA review - required Topps and its subsidiary, Tiles4Less, to maintain the CTD business as a separate entity and refrain from any further integration until the review was concluded.

Topps said it was cooperating with the CMA to ensure full compliance with the order.

At 1159 BST, shares in Topps Tiles were down 2.02% at 42.13p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Topps Tiles Market Data

Currency UK Pounds
Share Price 39.90p
Change Today 0.70p
% Change 1.79 %
52 Week High 48.80
52 Week Low 29.10
Volume 242,952
Shares Issued 196.50m
Market Cap £78.40m
RiskGrade 190

Topps Tiles Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.16% above the market average72.16% above the market average72.16% above the market average72.16% above the market average72.16% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
27.22% below the market average27.22% below the market average27.22% below the market average27.22% below the market average27.22% below the market average
27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average
Income
81.92% above the market average81.92% above the market average81.92% above the market average81.92% above the market average81.92% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
91.22% below the market average91.22% below the market average91.22% below the market average91.22% below the market average91.22% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Topps Tiles Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Jun-25 19-Dec-24
Paid 11-Jul-25 30-Jan-25
Amount 0.80p 1.20p

Trades for 30-May-2025

Time Volume / Share Price
16:35 4,121 @ 39.90p
16:35 583 @ 39.90p
16:35 889 @ 39.90p
16:35 197 @ 39.90p
16:35 5 @ 39.90p

Topps Tiles Key Personnel

CEO Robert Parker
CFO Stephen Hopson
Chair Paul Forman

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