FIH Group (FIH): Strategic options review
This situation live
FIH FIH Group
26 Nov 2025 · New management in place, action plans underway · +10% until the next step
management teams are now in place in all businesses, action plans are underway and progress is being made.
2 Mar 2026 · PHFC sold; proceeds use still to be decided · −4% until the next step
The proceeds from the sale are likely to be predominantly utilised for a combination of re-investment within the remaining companies in the Group and a return to shareholders.
22 May 2026 · Proceeds use decided: 40p special dividend · −51% until the next step
Following the successful completion of the sale of PHFC, a special interim dividend of 40 pence per share will be paid on 14th July 2026 to shareholders on the register at the close of business on 5th
4 Aug 2026 · Momart to be sold; focus shifts to FIC · +38% until the next step
Should the Disposal not be approved at the General Meeting, Momart will continue to trade as part of the Group in the ordinary course.
28 Aug 2026 · Momart sale awaiting shareholder approval · −26% since
FIC management are also working on a programme of improvement across all other areas of the business.
Strategic options review
Momart sale awaiting shareholder approval
Every step · 5
- 26 Nov 2025 New management in place, action plans underway – management teams are now in place in all businesses, action plans are underway and progress is being made. ↗
- 2 Mar 2026 PHFC sold; proceeds use still to be decided – The proceeds from the sale are likely to be predominantly utilised for a combination of re-investment within the remaining companies in the Group and a... ↗
- 22 May 2026 Proceeds use decided: 40p special dividend – Following the successful completion of the sale of PHFC, a special interim dividend of 40 pence per share will be paid on 14th July 2026 to shareholders on... ↗
- 4 Aug 2026 Momart to be sold; focus shifts to FIC – Should the Disposal not be approved at the General Meeting, Momart will continue to trade as part of the Group in the ordinary course. ↗
- 28 Aug 2026 Momart sale awaiting shareholder approval – FIC management are also working on a programme of improvement across all other areas of the business. ↗
What is happening
FIH Group: Strategic options review – Momart sale awaiting shareholder approval. ['Momart sale awaiting shareholder approval']
- Announced
- 26 Nov 2025 · New management in place, action plans underway
- Latest
- 28 Aug 2026 · FIC back in profit; Momart sale pending
- Why
- Board considers £7.6m cash fair value given challenging market conditions and recent trading, and says Momart benefits from joining a larger art logistics group.
- Value
- £7.6m · 48% of market value – cash consideration for the sale of Momart International Limited, completion targeted 30 September 2026
- Buyer
- Compagnie Générale du Roumois SAS
- The business
- Loss-making · Momart revenue £16.1m (2025: £19.6m); underlying loss before tax £1.2m (2025: £0.7m profit) for year ended 31 March 2026
- Use of money
- A special dividend, reinvest in the business
- What it changes
- Confirms FIC's return to profit as the power problem was resolved and 70 houses nears completion. Disposals returned 110p per share, and with Momart sold FIC would be the only business.
From the company's own announcements. Not investment advice.
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Project milestonesFalklands 70 houses contract – Progressing; completion due first half of next financial year
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