Added to YB: 2025-08-18
Pitch date: 2025-08-14
ANX.L [neutral]
Anexo Group Plc
-19.51%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Anexo Group Plc, along with its subsidiaries, provides integrated credit hire and legal services in the United Kingdom.
Market Cap
GBP 44.8M
Pitch Price
GBP 0.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.70
P/E
3.84
EV/Sales
0.89
Sector
Diversified Consumer Services
Category
special_situation
Show full summary:
Radar #15 - Anexo Group Plc
ANX.L pass: Anexo takeover bid at £0.60/share using illiquid PIK Loan Notes at 15% over 5 years. Grant Thornton deemed offer 'not fair/reasonable.' Alternative: non-voting B shares or partial £12M tender offer (oversubscribed). Stock now £0.42, far below fair value. Suspicious timing of dividend cancellation as insiders attempt buyout.
Read full article (4 min)