why is this UK firm's market capitalization number weird?

why is this UK firm's market capitalization number weird?

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BangolPhoenix · External communityPost link
External question — Personal Finance Stack Exchange Author: BangolPhoenix Original post: https://money.stackexchange.com/questions/109280 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. https://uk.investing.com/equities/uk-comm-prop-trust Hi, I am gathering UK stocks information through financial numbers. But as I was looking into this firm, I tried to calculate the market capitalization by myself, and I found shares outstanding * stock price isn't equal to the market capitalization of this stock which is 1.19B I don't know how this number is 1.19B since the multiplication of shares outstanding and stock price isn't 1.19B Thank you for your answer in advance
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Richard at NorgateData · External communityPost link
External answer — Personal Finance Stack Exchange Author: Richard at NorgateData Original post: https://money.stackexchange.com/a/109281 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. UK stocks are quoted in pence on the London Stock Exchange. The market cap is quoted in pounds, so you need to divide by 100. i.e. 92 * 1299412465 / 100 = 1.195B
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Quoted from Forex.com.bd-Editorial External answer — Personal Finance Stack Exchange Author: Richard at NorgateData Source score (net votes, not local likes): 3 Original post: https://money.stackexchange.com/a/109281 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. UK stocks are quoted in pence on the London Stock Exchange. The market cap is quoted in pounds, so you need to divide by 100. i.e. 92 * 1299412465 / 100 = 1.195B

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