Declared Dividend • Jul 31
First half dividend of UK£0.06 announced Shareholders will receive a dividend of UK£0.06. Ex-date: 6th August 2026 Payment date: 18th September 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jul 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin). Reported Earnings • Jul 30
First half 2026 earnings released: EPS: UK£0.60 (vs UK£0.52 in 1H 2025) First half 2026 results: EPS: UK£0.60 (up from UK£0.52 in 1H 2025). Revenue: UK£21.6b (up 213% from 1H 2025). Net income: UK£310.7m (up 11% from 1H 2025). Profit margin: 1.4% (down from 4.1% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 100% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Paul Victor Sant Manduca is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 02
St. James's Place plc Approves to Declare A Final Dividend on Ordinary Share for the Year Ended 31 December 2025 St. James's Place plc at its AGM, held on 30 April 2026, approved to declare a final dividend of 12.00 pence per ordinary share for the year ended 31 December 2025. Announcement • Feb 26
St. James's Place plc, Annual General Meeting, Apr 30, 2026 St. James's Place plc, Annual General Meeting, Apr 30, 2026. Announcement • Feb 06
St. James's Place plc Appoints Evelyn Bourke as Independent Non-Executive Director and Member of the Group Audit Committee and Group Remuneration Committee In compliance with UK Listing Rule 6.4.9R(2), Admiral announces that with effect from 1 March 2026, Evelyn Bourke, Independent Non-Executive Director of Admiral, has been appointed as an Independent Non-Executive Director of St. James's Place plc. Upon appointment, Evelyn will be a member of the St. James's Place plc Group Audit Committee and Group Remuneration Committee. Evelyn has wide-ranging senior leadership experience gained during her executive career with companies including Friends Life plc, Standard Life, Chase de Vere and Tillinghast Towers Perrin (now part of WTW). Her most recent executive role was as group CEO at Bupa from July 2016 to December 2020. Previous non-executive positions held by Evelyn include directorships at AJ Bell plc and IFG Group plc. Evelyn is a qualified actuary and holds an MBA from London Business School. Evelyn is currently a non-executive director of Marks & Spencer Group plc and chairs their Audit and Risk committee. She is also non-executive director at Admiral Group plc and is a member of their Audit committee. Announcement • Oct 16
St. James's Place plc Announces Board Changes St. James's Place plc announced that Penny James will be appointed as chair of the Group Risk Committee and will become a member of the Group Nomination and Governance Committee with effect from 5 December 2025. As at the same date Rosemary Hilary will retire as chair of the Group Risk Committee but will remain as a Non-executive Director and member of the Group Audit, Group Risk and Group Remuneration Committees until 31 December 2025, when she will retire off the Board. Announcement • Sep 23
St. James's Place plc Announces Board and Committee Changes, Effective 17 September 2025 St. James's Place plc announced following the receipt of the requisite Regulatory approvals, Helen Beck has been appointed as chair of the Group Remuneration Committee with effect from 17 September 2025. As at the same date Simon Fraser has stepped down as interim chair but remains a member of the Group Remuneration Committee. Helen also joins the Group Nomination and Governance Committee with effect from 17 September 2025. Announcement • Jul 31
St. James's Place plc Declares an Interim Dividend, Payable On19 September 2025 The Directors of St. James's Place plc have resolved to pay an interim dividend of 6.00 pence per share (30 June 2024: 6.00 pence per share). This amounts to £32.1 million (30 June 2024: £32.8 million) and will be paid on 19 September 2025 to shareholders on the registeras at 8 August 2025. Announcement • Jun 11
St. James's Place plc Appoints Helen Beck as an Independent Non-Executive Director, Effective Date Is July 1, 2025 St. James's Place plc announced the appointment of Helen Beck as an Independent Non-executive Director with effect from July 1, 2025. Upon appointment, Helen will be the Designated Non-executive Director for Workforce Engagement and a member of the Group Risk Committee and Group Remuneration Committee. Helen has more than 30 years of business leadership and consultancy experience gained from non-executive roles and executive positions in Human Resources across the Financial Sector. Between 2013 and 2021, Helen was the Head of the Financial Service Remuneration Practice at Deloitte, specialising in reward structures for FTSE 100, FTSE 250 and private companies. Prior to that, she held a number of Executive roles including at Standard Bank and McLagan Partners (part of AON plc). Helen was formerly a Non-executive Director and chair of the Remuneration Committee of Ashmore Group PLC. Helen is a Non-executive Director and chair of the Remuneration Committees of Funding Circle Holdings PLC and Picton Property Income Limited. Since April 2025, she has been a Non-executive Director of Hampshire Bank Trust. Announcement • Mar 01
St. James's Place plc Recommends Final Dividend for the Year 2024, Payable on 23 May 2025 The board of directors of St. James's Place plc have recommended a 2024 final dividend of 12.00 pence per share. This amounts to £65.3 million based on the number of shares in issue on 31 December 2024 and will, subject to shareholder approval at the Annual General Meeting, be paid on 23 May 2025 to those shareholders on the register as at 11
April 2025. Announcement • Dec 10
St. James's Place plc Announces the Appointment of Rooney Anand as an Independent Non-Executive Director, Member of the Group Risk Committee and Member of Group Remuneration Committee with Effect from 1 January 2025 St. James's Place plc announced the appointment of Rooney Anand as an Independent Non-executive Director with effect from 1 January 2025. Upon appointment, Rooney will be a member of the Group Risk Committee and Group Remuneration Committee. Rooney has extensive experience in the consumer sector having held executive and non-executive roles at retail and hospitality organisations. He previously served as chief executive officer at Greene King, and senior independent director (SID) of WM Morrison Supermarkets Limited (previously WM Morrison Supermarkets PLC). Rooney is currently non-executive Chair of RedCat Pub Company Limited and Purity Soft Drinks Ltd. He is also a director of other companies within the RedCat Pub group, including RedCat Leased Pubs Limited, which is in administration. Announcement • Aug 29
St. James's Place plc (LSE:STJ) commences an Equity Buyback for 54,860,479 shares, representing 10% of its issued share capital, under the authorization granted on May 15, 2024. St. James's Place plc (LSE:STJ) commences share repurchases on August 27, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 15, 2024. As per the mandate, the company is authorized to repurchase up to 54,860,479 shares, representing 10% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange Daily Official List for five business days immediately preceding the day on which that share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the London Stock Exchange. The minimum price which may be paid for an ordinary share is 1p. The repurchased shares will be cancelled or held as treasury shares. Unless previously renewed, varied or revoked, the program will be valid till the next Annual General Meeting in 2025. As at May 13, 2024, the company had 548,604,790 issued and outstanding shares.
On July 30, 2024, the company initiated a Market Repurchase. Under the program, the company entered into an agreement with its retained corporate broker J.P. Morgan Securities plc (JPMS plc) to repurchase £32.9 million worth of its shares. The purpose of the Share Buyback program is to reduce the share capital of the Group. Any Ordinary Shares purchased will be cancelled, and therefore will reduce the issued share capital of the Group accordingly. The program will commence from August 27, 2024 and will end no later than December 31, 2024. Upcoming Dividend • Aug 16
Upcoming dividend of UK£0.06 per share Eligible shareholders must have bought the stock before 22 August 2024. Payment date: 20 September 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.9%). New Risk • Aug 05
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 German stocks, typically moving 6.7% 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Declared Dividend • Aug 02
First half dividend of UK£0.06 announced Shareholders will receive a dividend of UK£0.06. Ex-date: 22nd August 2024 Payment date: 20th September 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Aug 01
First half 2024 earnings released: EPS: UK£0.30 (vs UK£0.30 in 1H 2023) First half 2024 results: EPS: UK£0.30 (up from UK£0.30 in 1H 2023). Revenue: UK£15.8b (up 97% from 1H 2023). Net income: UK£165.1m (up 2.2% from 1H 2023). Profit margin: 1.0% (down from 2.0% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 99% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
St. James's Place plc Declares an Interim Dividend, Payable on September 20, 2024 St. James's Place plc declared an interim dividend of 6.00 pence per share (30 June 2023: 15.83 pence per share). This amounts to £32.9 million (30 June 2023: £86.5 million) and will be paid on 20 September 2024 to shareholders on the registered 23 August 2024. Announcement • Jul 19
St. James's Place plc Announces Board and Committee Changes St. James's Place plc announced that, further to an announcement made on 22 March 2024, Simon Fraser has received the requisite regulatory approvals and has been appointed as the Company's Senior Independent Director with effect from 16 July 2024. Simon became a member of the Group Nomination and Governance Committee on the same date. Simon succeeds John Hitchens who had been acting as the interim Senior Independent Director. John's roles as Independent Non-Executive Director, Chair of the Group Audit Committee and his membership of the Group Nomination and Governance Committee and Group Risk Committee remain unchanged. Announcement • Jun 24
St. James's Place plc(LSE:STJ) dropped from FTSE 100 Index St. James's Place plc(LSE:STJ) dropped from FTSE 100 Index Announcement • Mar 22
St. James's Place plc Appoints Simon Fraser as Independent Non-Executive Director with Effective from 22 April 2024 St. James's Place plc announced the appointment of Simon Fraser as an Independent Non-executive Director with effect from 22 April 2024. Upon appointment, Simon will be a member of the Group Remuneration Committee and Group Audit Committee and, subject to regulatory approval will be appointed as the Company's Senior Independent Director. As Senior Independent Director Simon will also become a member of the Group Nomination and Governance Committee. Simon has extensive experience in the financial sector having built a career in investment banking, with the majority of his executive career spent at Bank of America Merrill Lynch. Latterly, Simon has held senior independent director positions at Derwent London plc and Lancashire Holdings Ltd. and a non-executive position at Legal & General Investment Management Ltd. until March 2024. Declared Dividend • Mar 01
Final dividend of UK£0.08 announced Shareholders will receive a dividend of UK£0.08. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Feb 29
St. James's Place plc Decides to Revise its Approach to Shareholder Distributions The Board of St. James's Place plc decided to revise its approach to shareholder distributions. Going forward, the Board expects that total annual distributions will be set at 50% of the full year Underlying cash result. For the next three years this will comprise 18.00 pence per share in annual dividends declared with the balance distributed through share repurchases. Reported Earnings • Feb 29
Full year 2023 earnings released: UK£0.018 loss per share (vs UK£0.75 profit in FY 2022) Full year 2023 results: UK£0.018 loss per share (down from UK£0.75 profit in FY 2022). Net loss: UK£10.1m (down 102% from profit in FY 2022). Revenue is expected to decline by 126% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to €5.25, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 57% over the past three years. Announcement • Jan 31
St. James's Place plc Announces Board Appointments St. James's Place plc announced that the Board has agreed that John Hitchins will act as the interim Senior Independent Director until a permanent appointment is made. Lesley-Ann Nash has also agreed to join the Group Audit Committee on an interim basis. Both appointments are with effect from 31 January 2024. New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Announcement • Nov 10
St. James's Place plc Announces Resignation of Dominic Burke as Director, Effective 31 January 2024 St. James's Place plc announced that Dominic Burke will be stepping down as a Director of the Company. Dominic joined the Board in October 2022. He was subsequently announced as the co-founder and Executive Chairman of Aptia, a newly formed US employee benefits and UK pension administration business in June 2023. In order to be able to commit the time required to this new role, Dominic has decided that he will no longer be able to devote the necessary time to the Board of St. James's Place plc. Dominic will continue to be a Director until 31 January 2024 and will continue in his role as Senior Independent Director during this period. New Risk • Oct 16
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 German stocks, typically moving 7.8% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Upcoming Dividend • Aug 17
Upcoming dividend of UK£0.16 per share at 6.0% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €10.37, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.11 per share. Buying Opportunity • Jul 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €14.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 39% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to decline by 93% in 2 years. Earnings is forecast to grow by 31% in the next 2 years. Announcement • Jul 28
St. James's Place plc to Report First Half, 2023 Results on Jul 27, 2023 St. James's Place plc announced that they will report first half, 2023 results on Jul 27, 2023 Buying Opportunity • Jul 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be €15.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Jun 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.7%. The fair value is estimated to be €15.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • May 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.2%. The fair value is estimated to be €16.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • May 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €16.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Earnings per share has grown by 23%. Upcoming Dividend • Apr 27
Upcoming dividend of UK£0.37 per share at 4.4% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.9%). Recent Insider Transactions • Mar 31
Key Executive recently sold €2.0m worth of stock On the 28th of March, Craig Gentle sold around 148k shares on-market at roughly €13.24 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: UK£0.75 (vs UK£0.53 in FY 2021) Full year 2022 results: EPS: UK£0.75 (up from UK£0.53 in FY 2021). Net income: UK£405.0m (up 41% from FY 2021). Revenue is forecast to grow 127% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Dominic Burke was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 29
St. James's Place plc Announces Board Changes St. James's Place plc announced the appointment of Dominic Burke as an Independent Non-executive Director with effect from 1 November 2022. Upon appointment, Dominic will be a member of the Group Risk Committee and Group Audit Committee. Dominic has significant experience in the financial sector and has spent his career in the insurance industry. In 2000, Dominic joined the Jardine Lloyd Thompson Group plc following the acquisition of the Burke Ford Group of companies that he had co-founded, and from 2005 he took on the role of Group chief executive until the company's 2019 sale to Marsh & McLennan Companies Inc. Dominic held the position of vice chair of Marsh & McLennan until January 2022. Since 2011 Dominic has been a non-executive director and the chair of Newbury Racecourse plc. Dominic's appointment forms part of the Board's wider succession planning which aims to ensure an orderly transition over time. Simon Jeffreys and Roger Yates have informed the Board of their intention to retire from the Board at the conclusion of the 2023 Annual General Meeting ("AGM") at which point they will have served as Directors for nine years. In accordance with company succession plans, the Board announces its intention to appoint Dominic to the role of Senior Independent Director ("SID") following St. James's Place's AGM in May 2023 and at the same time, that Emma Griffin be appointed as Chair of the Group Remuneration Committee and John Hitchins be appointed as Chair of the Group Audit Committee. These proposed appointments are all subject to regulatory approval. Announcement • Oct 25
St. James's Place plc, Annual General Meeting, May 18, 2023 St. James's Place plc, Annual General Meeting, May 18, 2023. Announcement • Sep 30
St. James's Place plc to Report Fiscal Year 2022 Results on Feb 28, 2023 St. James's Place plc announced that they will report fiscal year 2022 results on Feb 28, 2023 Upcoming Dividend • Aug 18
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 23 September 2022. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%). Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Net income: (down UK£120.9m from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 28
Insider recently bought €6.6m worth of stock On the 24th of May, Peter Edwards bought around 459k shares on-market at roughly €14.47 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €3.3m more in shares than they have sold in the last 12 months. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director John Charles Hitchins was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 21
Upcoming dividend of UK£0.40 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 27 May 2022. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (3.9%). Higher than average of industry peers (2.5%). Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: UK£0.53 (vs UK£0.49 in FY 2020) Full year 2021 results: EPS: UK£0.53 (up from UK£0.49 in FY 2020). Revenue: UK£18.0b (up 124% from FY 2020). Net income: UK£286.7m (up 9.4% from FY 2020). Profit margin: 1.6% (down from 3.3% in FY 2020). The decrease in margin was driven by higher expenses. Funds under management (FUM) Beginning of period: UK£129.3b End of period: UK£154.0b Net inflows/outflows: UK£11.0b inflow Over the next year, revenue is expected to shrink by 96% compared to a 7.2% decline forecast for the funds industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 02
Chief Operating Officer recently sold €612k worth of stock On the 25th of March, Iain Rayner sold around 35k shares on-market at roughly €17.44 per share. This was the largest sale by an insider in the last 3 months. Iain has been a seller over the last 12 months, reducing personal holdings by €720k. Recent Insider Transactions • Mar 08
MD of the Partnership recently sold €459k worth of stock On the 3rd of March, Ian Gascoigne sold around 30k shares on-market at roughly €15.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.7m more than they bought in the last 12 months. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: UK£0.53 (up from UK£0.49 in FY 2020). Revenue: UK£18.0b (up 124% from FY 2020). Net income: UK£286.7m (up 9.4% from FY 2020). Profit margin: 1.6% (down from 3.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 96% compared to a 5.7% decline forecast for the funds industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year. Announcement • Feb 24
St. James's Place plc Proposes Final Dividend for the Year 2021 In the 2025 business plan St. James's Place plc announced last year, they committed to an approach of paying out around 70% of the Underlying cash result in dividends. The strong growth in Underlying cash result for 2021 therefore drives a total dividend for 2021 of 51.96 pence per share, inclusive of a proposed final dividend of 40.41 pence per share. The proposed final dividend will be paid, subject to approval by shareholders at AGM, on 27 May 2022 to shareholders on the register as at the close of business on 29 April 2022. A Dividend Reinvestment Plan continues to be available. Buying Opportunity • Feb 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.0%. The fair value is estimated to be UK£22.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 56% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years. Buying Opportunity • Jan 25
Now 21% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be UK£23.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 56% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director John Charles Hitchins was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director John Charles Hitchins was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 26
Chief Operating Officer recently sold €108k worth of stock On the 22nd of October, Iain Rayner sold around 6k shares on-market at roughly €18.11 per share. In the last 3 months, there was an even bigger sale from another insider worth €587k. Iain has been a seller over the last 12 months, reducing personal holdings by €855k. Announcement • Sep 11
Eurazeo SE (ENXTPA:RF) along with Arax Properties Ltd entered into an agreement to acquire Trinity Trading Estate in Sittingbourne from St. James's Place plc (LSE:STJ). Eurazeo SE (ENXTPA:RF) along with Arax Properties Ltd entered into an agreement to acquire Trinity Trading Estate in Sittingbourne from St. James's Place plc (LSE:STJ) on September 10, 2021. Upcoming Dividend • Aug 19
Upcoming dividend of UK£0.12 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 3.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.5%). Recent Insider Transactions • Aug 10
Key Executive recently sold €587k worth of stock On the 5th of August, Craig Gentle sold around 31k shares on-market at roughly €19.12 per share. This was the largest sale by an insider in the last 3 months. Craig has been a seller over the last 12 months, reducing personal holdings by €921k. Reported Earnings • Jul 29
First half 2021 earnings released: EPS UK£0.23 (vs UK£0.33 in 1H 2020) The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: UK£11.0b (down 358% from 1H 2020). Net income: UK£120.9m (down 32% from 1H 2020). Profit margin: 1.1% (up from net loss in 1H 2020). The move to profitability was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Jul 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Chairman Paul Victor Sant Manduca was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Executive Departure • May 20
Independent Non-Executive Director has left the company On the 14th of May, Dame Morrissey's tenure as Independent Non-Executive Director ended after 1.4 years in the role. We don't have any record of a personal shareholding under Dame's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 20
Independent Non-Executive Director has left the company On the 14th of May, Patience Wheatcroft's tenure as Independent Non-Executive Director ended after 9.1 years in the role. As of March 2021, Patience personally held only 2.50k shares (€37k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • May 20
Chairman Iain Charles Cornish has left the company On the 14th of May, Iain Charles Cornish's tenure as Chairman ended after 2.6 years in the role. As of March 2021, Iain Charles personally held 6.50k shares (€97k worth at the time). A total of 3 executives have left over the last 12 months. Announcement • May 15
St. James's Place plc Approves Final Dividend for the Year Ended 31 December 2020 St. James's Place plc approved to declare a final dividend of 38.49 pence per ordinary share for the year ended 31 December 2020, at the AGM held on May 14, 2021. 
