Braime Group Class A (BMT) up but wide spread and thin volume mask price move

Braime Group Class A (BMT) up but wide spread and thin volume mask price move

July 2, 2026

London, July 2, 2026, 19:06 BST

  • Braime Group Class A last quoted 1,300p on the sell side, 1,500p to buy following the London close.
  • AJ Bell was up 4.0%, while Hargreaves Lansdown posted a 12.0% gain on the same bid-offer spread.
  • 839 shares changed hands, about 0.087% of the 960,000 A ordinary shares out.
  • Braime hasn’t put out any RNS since the AGM result posted on June 19.

Braime Group PLC Class A (LON:BMT) moved higher Thursday, but quotes were scattered. AJ Bell screen showed 1,300p on the sell side and 1,500p to buy, with both up 50p, or 4%, from the 1,250p close. Volume hit 839 shares. AJ Bell listed trades at 1,350p for 83 shares, 1,490p for 50, and 1,300p for 10 shares, all in early afternoon.

Hargreaves Lansdown showed the same 1,300p-1,500p quote, but tracked the move as 150p, or 12.0%, on the day. That 200p spread is 14.3% of the midpoint and wider than the 150p jump shown on their screen. Whether the gain was 4% or 12% mainly depended on which part of the quote was used.

This is why investors watched the quote, not the last price. In a stock with a spread bigger than most daily moves, buyers and sellers could look at the same tape and walk away with different returns even before any new headline.

Braime tracks two lines in London. Its own delayed share page showed ordinary shares (LON:BMTO) at 1,600p and A ordinary shares (LON:BMT) at 1,250p on July 1, meaning A shares traded at a 21.9% discount. On Hargreaves Lansdown Thursday, the midpoint discount was 17.6%.

Share lineSell quoteBuy quoteMidpointSpread/midpointVolume
Class A, non-voting (LON:BMT)1,300p1,500p1,400p14.3%839
Ordinary voting (LON:BMTO)1,500p1,900p1,700p23.5%100

Braime lists 480,000 ordinary shares and 960,000 A ordinary shares, unchanged since Dec. 31, 2009. BMT traded 0.087% of the A line Thursday. At a 1,400p midpoint, that’s around £11,700 in notional value.

There was no fresh disclosure from the company to match the quote. The latest statement on Braime’s Investegate RNS is the AGM result from June 19, following the April 27 annual report and the March 31 deal for Don Electronics.

Braime posted 2025 revenue of £50.935 million, up 4.1%, and profit before tax jumped 27.9% to £4.089 million. Operating profit came in at £4.456 million, up 22.0%. Holders looking for fundamentals got their numbers.

Measure20252024Change
Revenue£50.935 mln£48.947 mlnup 4.1%
Profit from operations£4.456 mln£3.652 mlnrose 22.0%
Profit before tax£4.089 mln£3.198 mlnjumped 27.9%
Total dividend16.50p15.25pwas up 8.2%

Chairman Nicholas Braime said in April he was “delighted with the results,” but noted the global economy is “worse than 12 months ago”. The company paid a 6.0p interim dividend in October 2025 and put forward a 10.50p second interim for May 22. That brings the total for 2025 to 16.50p. The 200p BMT spread was 12.1 times the dividend. Investegate

Braime said the Don Electronics deal is a 2026 earnings change. Don Electronics and Synatel supply electronic parts to the group. The company said the deal would boost profit by adding margin but won’t drive revenue higher in the short term. Chairman Nicholas Braime said both firms have solid reputations for quality and engineering and have worked with Braime for over 40 years.

FTSE 100 ended 1.7% higher at 10,652.9 and FTSE 250 put on 0.4%, according to Reuters, giving a lift to the wider London market. Braime’s Class A move had more to do with microcap trading than the main index.

Braime said all resolutions at its June 18 AGM passed, with 344,959 votes in favor and no votes against. Shareholders approved dividends and kept O. N. A. Braime, M. Cooper, and T. Steels on the board.

Artur Ślesik

Artur Ślesik is a technology and financial markets journalist at Bez-kabli.pl, covering artificial intelligence, semiconductors, technology stocks and emerging innovations. A graduate of Warsaw University of Technology, he combines a technical background with market analysis to explain how new technologies are shaping industries, businesses and investment trends worldwide.

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