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The JP Jenkins-15, an index of the largest companies listed on the UK share dealing platform, rose 3.3% in February, as THG PLC spin-off THG Ingenuity Ltd continued to climb in market value. The index stood at 1,247.2 points on Friday last week, up from 1,207.4 at the end of January and from its baseline of 1,000 points at the start of 2025. THG Ingenuity, a component of the JP Jenkins-15 index, is an e-commerce technology provider that was spun off from beauty and health products retailer THG in 2025. Altrincham, England-based THG Ingenuity has a market capitalisation of £373 million. Its shares were last traded at 150 pence on January 29, up from 125p on December 23. The stock traded only just above 40p last April. London-based JP Jenkins provides a matched bargain platform for unlisted companies. The index is market capitalisation weighted, and the next quarterly re-weighting of the index will be in April. This ensures that the inclusion of new companies with larger market capitalisations in the index doesn’t skew its calculation. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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