New Risk • Apr 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Significant insider selling over the past 3 months (UK£135k sold). New Risk • Jan 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • Jan 13
Intuitive Investments Group Plc has filed a Follow-on Equity Offering in the amount of £19.996503 million. Intuitive Investments Group Plc has filed a Follow-on Equity Offering in the amount of £19.996503 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,854,102
Price\Range: £0.915 Announcement • Jan 07
Intuitive Investments Group Plc, Annual General Meeting, Jan 29, 2026 Intuitive Investments Group Plc, Annual General Meeting, Jan 29, 2026. Location: the offices of fti consulting, 200 aldersgate, aldersgate street, ec1a 4hd, london United Kingdom Board Change • Nov 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Anthony Nigel Rudd was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 28
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £3.65418 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £3.65418 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,654,180
Price\Range: £1
Transaction Features: Subsequent Direct Listing Announcement • Jun 11
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £9.58374 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £9.58374 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,583,740
Price\Range: £1
Transaction Features: Subsequent Direct Listing New Risk • Jun 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£4.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£4.8m free cash flow). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m. Announcement • Mar 31
Intuitive Investments Group plc Announces CEO Changes Intuitive Investments Group Plc announced Giles Willits, currently Chief Investment Officer, will move to the position of Chief Executive Officer, with immediate effect. Giles brings extensive experience in corporate leadership and business transformation, and specifically in his previous role as Group Chief Financial Officer at Entertainment One where he led its transition from an AIM to a FTSE 250 business, with its eventual sale for over $4 billion in 2019. Robert Naylor is stepping down as Chief Executive Officer to focus on his role as lead fund manager at the recently launched Achilles Investment Company Limited. During his tenure, Robert has overseen a strategic transformation of IIG, including the landmark investment in Hui10. Announcement • Mar 06
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.56 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.56 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,266,670
Price\Range: £1.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,330
Price\Range: £1.2
Transaction Features: Subsequent Direct Listing Announcement • Jan 15
Intuitive Investments Group Plc, Annual General Meeting, Feb 06, 2025 Intuitive Investments Group Plc, Annual General Meeting, Feb 06, 2025. Location: the offices of fti consulting, 200 aldersgate, aldersgate street, ec1a 4hd, london United Kingdom New Risk • Dec 25
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Announcement • Nov 19
Intuitive Investments Group plc Appoints Richard Kilsby as Independent Non-Executive Director Intuitive Investments Group Plc announced the appointment of Richard Kilsby as independent non-executive director of the Company, with immediate effect. Richard Is A Knowledgeable Public Company Director with Experience Ranging from Technology to Financial Services. Richard Served as Deputy Chairman of the London Stock Exchange, an Independent Monitor for the US Securities and Exchange Commission and as an Inspector for Both the Bank of England and for the Uk Fca. Richard's Other Positions Have Included CEO of Charterhouse Bank, Chairman of 888 Holdings plc and Non-Executive Director of Tullett Preborn, Impact Holdings Plc, Collins Stewart Plc, and Deasil Cognitive. Prior to This, Richard Was the Pwc Partner Responsible for Financial Instrument Audit, Regulation, and Supervision as Joint Lead in the Treasury Management Practice. New Risk • Nov 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Revenue is less than US$5m (UK£824k revenue, or US$1.1m). Announcement • Oct 23
Intuitive Investments Group plc Announces Step Down of Julian Baines as Non-Executive Director, Effective October 31, 2024 Intuitive Investments Group plc announced that the Board of Directors has been informed of Julian Baines' intention to step down as Non-Executive Director. Julian will be appointed Executive Chairman of Renalytix plc on the November 4, 2024, where he played an instrumental role in its recent successful fundraising. Julian also serves as Executive Chairman of EKF Diagnostics Holdings plc and Non-Executive Chairman of Verici DX plc. He is retiring from his position at IIG to focus on his current executive roles. Julian will remain with the Company until October 31, 2024 when he will officially step down from the Board. Announcement • Oct 22
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £6.151037 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £6.151037 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,624,840
Price\Range: £1.33
Transaction Features: Subsequent Direct Listing Announcement • Apr 10
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £0.249999 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £0.249999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 159,642
Price\Range: £1.566 Announcement • Mar 22
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.394553 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.394553 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 890,519
Price\Range: £1.566 Announcement • Feb 07
Intuitive Investments Group Plc, Annual General Meeting, Feb 29, 2024 Intuitive Investments Group Plc, Annual General Meeting, Feb 29, 2024, at 10:00 Coordinated Universal Time. Location: FTI Consulting, 200 Aldersgate, Aldersgate Street, London EC1A 4HD - London United Kingdom Reported Earnings • Feb 01
Full year 2023 earnings released: UK£0.043 loss per share (vs UK£0.02 loss in FY 2022) Full year 2023 results: UK£0.043 loss per share (further deteriorated from UK£0.02 loss in FY 2022). Net loss: UK£3.24m (loss widened 179% from FY 2022). New Risk • Jan 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue has declined by 989% over the past year. Shareholders have been substantially diluted in the past year (over 26x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Announcement • Jan 05
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.778 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £1.778 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,353,767
Price\Range: £0.1566 Announcement • Dec 14
Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £0.420799 million. Intuitive Investments Group Plc has completed a Follow-on Equity Offering in the amount of £0.420799 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,687,095
Price\Range: £0.1566
Transaction Features: Subsequent Direct Listing Board Change • Dec 02
High number of new directors Chief Investment Officer Giles Willits was the last director to join the board, commencing their role in 2023. Announcement • Nov 29
Intuitive Investments Group Plc Appoints Giles Willits as Chief Investment Officer Intuitive Investments Group Plc announced the appointment of Giles Willits to the Board of Directors as Chief Investment Officer. Giles has over 30 years' experience working in senior finance positions, including over 20 years in executive board positions, most recently as Group CFO at IG Design Group plc, an AIM50 company, and Entertainment One Ltd., a FTSE250 company. Giles was previously Director of Group Finance at J Sainsbury's plc, a FTSE100 company, and is a qualified Chartered Accountant. Giles is currently a Non-Executive Director of Shearwater Group plc and Acceler8 Ventures plc. Giles is also Treasurer of the University of Nottingham. New Risk • Nov 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 29x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue has declined by 989% over the past year. Shareholders have been substantially diluted in the past year (over 29x increase in shares outstanding). Revenue is less than US$1m. Announcement • Sep 09
Novacyt UK Holdings Limited completed the acquisition of Yourgene Health Plc (AIM:YGEN) from BGF Investments LP, managed by BGF Investment Management Ltd. and others. Novacyt UK Holdings Limited entered into a scheme of arrangement to acquire Yourgene Health Plc (AIM:YGEN) from BGF Investments LP, managed by BGF Investment Management Ltd. and others for £16.6 million on July 3, 2023. The offer price per share is £5.22 for 3,176,959,792 issued shares. The Acquisition will be financed from the existing cash resources of the Novacyt Group. The transaction is subject to the satisfaction or waiver (as applicable) of the Conditions, including, court, Yourgene health shareholders approval. Stifel Nicolaus Europe Limited consider the terms of the Acquisition to be fair and reasonable. Yourgene Health board recommends unanimously that Scheme Shareholders vote, or procure the vote, in favor of the Scheme at the Court Meeting. The Acquisition is currently expected to complete during Q3 2023. As of August 17, 2023, Yourgene Health Plc shareholders approved the scheme in meetings, complying with Court orders. As of September 7, 2023, the Court issued the Court Order sanctioning the Scheme and conditional only upon the delivery of a copy of the Court Order to the Registrar of Companies, which is expected to occur on September 8, 2023. It is expected that, subject to the Scheme becoming Effective on September 8, 2023, the cancellation of the admission to trading of the Yourgene shares on AIM will take effect at or around September 11, 2023.
Nicholas Moore, Matthew Blawat, Samira Essebiyea, William Palmer-Brown, Matthew Blawat and Ben Good of Stifel Nicolaus Europe Limited and Liam Murray and Ludovico Lazzaretti of Cairn Financial Advisers LLP acted as financial advisors and Addleshaw Goddard LLP acted as a legal advisor to Yourgene Health. Numis Securities Limited, SP Angel Corporate Finance LLP acted as financial advisors, Stephenson Harwood LLP acted as legal advisor to Novacyt. Link Group acted as registrar of Yourgene.
Novacyt UK Holdings Limited completed the acquisition of Yourgene Health Plc (AIM:YGEN) from BGF Investments LP, managed by BGF Investment Management Ltd. and others on September 8, 2023. Announcement • Jul 12
Intuitive Investments Group plc Appoints Sir Nigel Rudd as Its Next Chairman Intuitive Investments Group Plc announced the appointment of Sir Nigel Rudd as its next Chairman. Sir Nigel will become IIG's Independent Non-Executive Chairman subject to admission of the Company to the Specialist Fund Segment of the London Stock Exchange's Main Market, which is expected to take place on around 8 August 2023. Concurrently,Julian Baines MBE, the present Non-Executive Chair of the Company, will step down as Chairman and will become an independent non-executive Director of IIG. Sir Nigel is an experienced Chairman of listed businesses and investor in emerging growth companies and SMEs. Over the past 25 years, he has chaired companies such as Pendragon plc, the automotive retailer; Pilkington, a manufacturer of glass and glazing systems; Alliance Boots, a global retail pharmacy; Heathrow, the UK airport; Invensys plc, an engineering firm; Business Growth Fund, an investor in growth companies; Signature Aviation plc, the aviation firm; and Meggitt plc, the aerospace and defence firm. Sir Nigel occupied a seat on the Barclays Bank Board for more than 12 years, latterly as Deputy Chairman, retiring in 2008. Sir Nigel is currently a Non-Executive Director of Sappi Limited, a renewable resource company. Sir Nigel is best known for his role in the 1980s at Williams plc, which he turned into a FTSE 100 Company. Williams plc remained one of the industrial holding companies in the UK until its demerger in 2000 into two separate entities, Chubb and Kidde. As part of his role, Sir Nigel will join the Remuneration Committee and chair the Nominations Committee. Reported Earnings • Jul 05
First half 2023 earnings released: UK£0.049 loss per share (vs UK£0.015 loss in 1H 2022) First half 2023 results: UK£0.049 loss per share (further deteriorated from UK£0.015 loss in 1H 2022). Net loss: UK£3.51m (loss widened 390% from 1H 2022). New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 989% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (UK£3.89m market cap, or US$4.95m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Reported Earnings • Dec 22
Full year 2022 earnings released: UK£0.02 loss per share (vs UK£0.017 profit in FY 2021) Full year 2022 results: UK£0.02 loss per share (down from UK£0.017 profit in FY 2021). Net loss: UK£1.16m (down 375% from profit in FY 2021). Announcement • Dec 21
Intuitive Investments Group Plc, Annual General Meeting, Jan 17, 2023 Intuitive Investments Group Plc, Annual General Meeting, Jan 17, 2023, at 10:30 Coordinated Universal Time. Location: Parklands Hotel & Country Club, Crookfur Park Ayr Road, Newton Mearns Glasgow United Kingdom Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Cormac Kilty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Cormac Kilty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • May 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.0%. The fair value is estimated to be UK£0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Feb 26
Intuitive Investments Group plc Announces Management Appointments Intuitive Investments Group plc announced the appointment of Julian Baines as Non-Executive Chairman with David Evans becoming chair of the Company's Investment Committee. Julian Baines, MBE, currently a member of IIG's Advisory Panel, will become the Company's Non-Executive Chairman and member of the Remuneration Committee with immediate effect. David Evans, the current Executive Chairman of IIG, will step down as a director of IIG and will become chair of the Company's Investment Committee, which also comprises Robert Naylor (the Company's Chief Executive Officer) and Dr. Stewart White (Chair of the Advisory Panel). Is New 90 Day High Low • Mar 15
New 90-day low: UK£0.21 The company is down 8.0% from a price of UK£0.23 on 15 December 2020. Underperformed the British market, which is up 5.0% over the last 90 days. Lagged the Capital Markets industry, which is flat over the same period. 
