Hardman & Co Research / GG00B1GHHH78

Hardman & Co Research on Volta Finance Limited (VTAS):  Volatility put into context
  In this report we review Volta’s volatility during recent “crisis” periods (2025 tariff uncertainty, Russia’s 2022 invasion of Ukraine, early COVID-19 experience). In one of these events, Volta’s share price showed more volatility than that of equity markets, in one it was broadly in line, and in one it displayed less volatility. There is insufficient evidence to say Volta is more or less volatile than equity markets in risk-off periods, which may come as a surprise to some investors. Investors need to consider both sentiment effects (on the VTA share price and the price of its assets) and fundamentals (CLO structures build in many downside risk protections).   Please click on the link below for the full report:   https://hardmanandco.com/research/corporate-research/volta-volatility-put-into-context/
  If you are interested in meeting the company, you can register your interest by clicking on the above link.

To contact us: Hardman & Co 9 Bonhill Street London EC2A 4DJ www.hardmanandco.com Follow us on X:   @HardmanandCo

Contact: Mark Thomas

mt@hardmanandco.com

Hardman & Co Research can be accessed for free under MiFID. Please click here to read the statement. About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.