StocksMedium•21 October 2026•
1 min read
Tavistock Shares Jump 11% on £3m Asset Sale and Atomos Acquisition Talks
Key Facts
1Tavistock Investments shares rose 11% to 2.05p after agreeing to sell King Financial Planning for £3 million.
2The company entered exclusive negotiations with Atomos regarding the acquisition of its Tavistock Private Client wealth management business.
Tavistock Investments shares rose 11% to 2.05p on October 21, 2026. Proactive Investors reported that the surge followed the company's agreement to sell King Financial Planning for £3 million and its entry into exclusive negotiations with Atomos regarding the acquisition of its Tavistock Private Client wealth management business.
The disposals are part of a strategy to streamline operations and focus on financial technology and infrastructure to reduce advice costs for retail customers. Atomos has been granted exclusivity until November 14, 2026, to exchange contracts, with the proposed sale remaining subject to approval from the Financial Conduct Authority.