Bodycote stock faces a key vote on the Veritas takeover regularly?
Published on 10/05/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bodycote stock (ISIN GB00B3FLWH99) was last at GBp 910.06 on the London Stock Exchange on October 5, 2026, down 0.05 percent, as the proposed Veritas takeover moved toward its next formal test. The scheme document sets the Court Meeting and General Meeting for October 21, 2026, according to FT.com.
Shareholder vote sets the timetable
The Court Meeting is scheduled for 10:00 a.m. London time on October 21, followed by the General Meeting at 10:15 a.m. The scheme requires approval representing at least 75 percent in value of the Scheme Shares voted at the Court Meeting, plus approval of the relevant special resolution.
The proposed transaction remains conditional on shareholder approval, court sanction and other conditions. The announcement says the scheme is expected to become effective in Q1 2027, after which applications are intended to cancel Bodycote's listing and trading admission.
First half shows measured growth
Bodycote's six months ended June 30, 2026, produced revenue of GBP 381.2 million, up 3 percent from the comparable period, while net income increased 12 percent to GBP 31 million, according to Patria.cz. Specialist Technologies revenue rose 15 percent to GBP 121.2 million, compared with 2 percent growth in Precision Heat Treatment to GBP 250.8 million.
That mix matters for the takeover timetable because the business enters the vote with quantified growth in both earnings and its higher-growth specialist division. The first-half figures also provide a fresh operating reference while investors assess the cash acquisition process.
Analyst target trails the quote
MarketBeat reports a Moderate Buy consensus from six analysts, split between three Buy ratings and three Hold ratings, with an average 12-month target of GBp 881.33. The published range of named targets runs from GBp 900 to GBp 960, putting the average below the October 5 quote of GBp 910.06.
The market value was GBP 1.5 billion on October 5, 2026. Bodycote's share price remains within its 52-week range of GBp 585 to GBp 967.50, leaving the October 21 vote as the next dated corporate checkpoint.
Bodycote stock holds near yearly high
Bodycote stock was last at GBp 910.06 on the London Stock Exchange on October 5, 2026, with 95,030 shares traded and a daily change of minus 0.05 percent. The quote was GBp 57.44 below the 52-week high of GBp 967.50.
Bodycote stock facts
- Company: Bodycote plc
- ISIN: GB00B3FLWH99
- Ticker: BOY.L
- Trading venue: London Stock Exchange
- Price (as of October 5, 2026, 1:41 p.m. London time): GBp 910.06
- Market capitalization: GBP 1.5 billion (as of October 5, 2026)
- 52-week range: GBp 585-967.50 (as of October 5, 2026)
- Sector / Industry: Industrials / metal heat treating and specialist thermal processing
- Index membership: FTSE 250
Upcoming dates for Bodycote stock
- October 21, 2026: Court Meeting and General Meeting on the proposed Veritas scheme
