Civitas Social Housing PLC - Exeter, England-based real estate investment trust - Takeover offer from real estate investor CK Asset Holdings Ltd receives acceptances representing around 94% of Civitas' share capital. CK will shortly despatch a formal compulsory acquisition notice to acquire the remaining shares. Expects to cancel Civitas' listing on London's Main Market on August 4. Read More
(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Civitas Social Housing PLC - Exeter, England-based real estate investment trust - CK Asset receives valid acceptances for a total of around 108.9 million Civitas shares, or around 18% of its share capital. CK unveiled its offer early in May. It is offering 80 pence per share, a 44% premium to Civitas's closing price of 55.4p per share prior to the offer, valuing the company at around GBP485 million. Read More
Civitas Social Housing PLC - Exeter, England-based real estate investment trust - Takeover offer from real estate investor CK Asset Holdings Ltd receives acceptances representing just 0.25% of Civitas shares as of late Monday. Combined with CK's own holding in Civitas of 17.05%, the offer has support for 17.3% of Civitas shares. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Stocks in London closed largely lower on Tuesday amid market nerves ahead of incoming US inflation data and the Bank of England's next interest rate decision. Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday, as investors look ahead to a UK interest rate decision on Thursday and talks to avert a US government debt debacle. Read More
(Alliance News) - Civitas Social Housing PLC on Tuesday received a takeover offer by long-term real asset investor CK Asset Holdings Ltd, as Civitas reported a slight drop in net asset value in the quarter to March 31. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Notes the enforcement notice published on April 20 in respect of Auckland Home Solutions, one of the 18 approved providers working with Civitas. This follows an earlier notice published on August 13 2021 and reflects the continued active engagement of Auckland with the regulator of social housing. Explains the notice confirms the enlargement of the Auckland board with the appointment of three additional non-executive directors. Adds Civitas Investment Management Ltd has worked to support Auckland in driving the operational and governance improvements that have been achieved to date and this work will continue. Notes the growth in rental income and collections outlined in trading update on January 30 has remained the case for the rest of the financial year to March 31. Auckland represents around 16% of Civitas' annual contracted rent roll as at September 30 2022. Read More
Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Closes new five year term debt facility of GBP70.9 million with a "major European bank lender." Says the facility has been used in full to redeem the company's existing GBP60 million facility with Lloyds Banking Group PLC, as well as providing additional liquidity. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - In the quarter ending December 31, Civitas Social says its rent roll increased with inflation, and lease billings continue to reflect consumer price index inflation increases. The trust lifts its third quarterly dividend to 1.425 pence per share, targeting a total annual payout of 5.70p, rising 2.7% from 5.55p in the previous financial year. For the same quarter last year, the dividend was 1.388 pence. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Says the UK's Regulator of Social Housing issues an enforcement notice regarding outstanding rent by My Space Housing Solutions. "The Regulator of Social Housing requires My Space to undertake a number of actions including the strengthening of its board, reporting on solvency and developing action plans with regard to compliance with the rent standard," Civitas explains. The company adds that My Space "always" paid rent on time every month regarding nine properties. "However, more recently rent arrears have occurred which are not material in the context of the CSH portfolio but which are being actively followed up," it ads. Read More