Added to YB: 2026-09-04
Pitch date: 2026-08-28
IR5B.IR [neutral]
Irish Continental Group plc
-0.38%
current return
Author Info
No bio for this author
Company Info
Irish Continental Group plc operates as a maritime transport company in Ireland, the United Kingdom, and Continental Europe.
Market Cap
GBP 1.1B
Pitch Price
GBP 6.27
Price Target
8.00 (+28%)
Dividend
N/A
EV/EBITDA
8.25
P/E
15.29
EV/Sales
1.83
Sector
Marine Transportation
Category
special_situation
Theodosian Capital | Stocks Update 28/8/2026 - IR5B – MBO saga continues
IR5B.IR (exited position): The position was closed while Irish Continental Group’s proposed €8/share MBO remained uncertain. Proxy votes as of 26 August would not have met the required 75% threshold, and the Scheme Meetings and EGM were adjourned to 10 September. Shares at €7.34 were 92% of the offer and 18% above their pre-bid price; the €8 offer was viewed as very fair.
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