System1 Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:BBA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Oct 25	Buy€12,655	Sophie Tomkins	Individual	5,000	€2.53
29 Sep 25	Buy€21,904	James Gregory	Individual	7,500	€2.92
25 Sep 25	Buy€17,835	Christopher Willford	Individual	6,000	€2.97
08 Aug 25	Buy€505,939	John Kearon	Individual	101,558	€4.98
25 Oct 24	Buy€7,233	Rupert Howell	Individual	1,000	€7.23
22 Oct 24	Buy€17,402	Conrad Bona	Individual	2,305	€7.55

Insider Trading Volume

Insider Buying: BBA insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BBA?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	34,500	0.272%
General Public	229,870	1.81%
Private Companies	774,714	6.11%
VC/PE Firms	1,598,835	12.6%
Individual Insiders	3,709,041	29.2%
Institutions	6,342,113	50%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 93.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23%	John Kearon	2,919,793	€8.1m	3.6%	no data
7.61%	Kestrel Partners LLP	965,367	€2.7m	-3.46%	1.51%
6.68%	Business Growth Fund Limited	847,000	€2.3m	0%	0.51%
6.08%	Crucible Clarity Fund Plc	771,714	€2.1m	38.3%	no data
5.93%	Octopus Investments Limited	751,835	€2.1m	-2.17%	0.14%
5.31%	Stefan Barden	673,990	€1.9m	22%	no data
4.69%	Herald Investment Management Ltd.	595,111	€1.6m	0%	0.11%
4.2%	Hargreaves Lansdown Asset Management Ltd.	533,423	€1.5m	-19.7%	no data
3.98%	Aberdeen Group Plc	505,029	€1.4m	17.6%	no data
3.88%	Ennismore Fund Management Limited	492,167	€1.4m	0%	0.41%
3.15%	Canaccord Genuity Wealth (International) Ltd.	399,905	€1.1m	7.06%	0.02%
3.04%	JP Morgan Asset Management	386,000	€1.1m	-18.9%	no data
2.84%	Renta 4 Gestora S.G.I.I.C., SA	360,520	€996.4k	0%	0.28%
2.58%	Heritage Capital Management Limited	327,692	€905.7k	0%	2.27%
2.39%	AXA Investment Managers S.A.	303,658	€839.3k	-11.6%	no data
2.24%	Chelverton Asset Management Limited	284,201	€785.5k	0.71%	0.08%
1.3%	Panmure Liberum Capital Limited	165,000	€456.0k	0%	0.34%
1.24%	Jefferies Group LLC	157,311	€434.8k	0%	0.06%
0.8%	EFG Bank AG	102,000	€281.9k	0%	0.01%
0.54%	Canaccord Genuity Asset Management Limited	68,000	€187.9k	0%	0.01%
0.51%	Jarvis Securities plc	65,011	€179.7k	12.2%	0.1%
0.48%	Barclays Bank PLC	60,295	€166.6k	-22.8%	no data
0.43%	Banque de Luxembourg S.A.	54,962	€151.9k	0%	0.03%
0.41%	Raymond James Wealth Management Limited	52,621	€145.4k	-17.3%	no data
0.4%	HSBC Global Asset Management (UK) Limited	50,664	€140.0k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/20 18:17
End of Day Share Price	2025/10/17 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

System1 Group PLC is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hayley Palmer	Canaccord Genuity
Fiona Orford-Williams	Edison Investment Research
Derren Nathan	Hybridan LLP