(Alliance News) - Praxis Group Ltd on Friday announced it is in the early stages of considering whether to make an offer for Capital & Regional PLC, potentially becoming the latest bidder eyeing the London-based real estate investment trust. Read More
Capital & Regional PLC - London-based real estate investment trust - UK Panel on Takeovers & Mergers gives NewRiver REIT PLC until August 15 to make a formal offer for Capital & Regional. The deadline for NewRiver to announce a firm intention to make an offer for Capital & Regional was originally June 20. It requested an extension Thursday this week. Says NewRiver again has requested for an extension of the deadline to facilitate ongoing discussions with NewRiver. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
NewRiver REIT PLC - London-based real estate investment trust - In the financial year to March 31, reports IFRA pretax profit of GBP3.0 million compared with pretax loss of GBP16.8 million a year prior. Underlying funds from operations is GBP24.4 million compared with GBP25.8 million, IFRS basic earnings per share are 1.0 pence versus loss per share of 5.4p. EPRA net tangible asset per share falls to 115p from 121p, dividend decreases to 6.6p from 6.7p. Read More
Capital & Regional PLC - London-based real estate investment trust - Says UK Panel on Takeovers & Mergers has given NewRiver REIT PLC until July 18 to make a formal offer for Capital & Regional. The deadline for NewRiver to announce a firm intention to make an offer for Capital & Regional is Thursday. Capital & Regional says it has requested for an extension of the deadline to facilitate ongoing discussions with NewRiver. Says the revised deadline may be extended further at its request. Read More
(Alliance News) - Vukile Property Fund on Tuesday said it has withdrawn its bid to acquire Capital & Regional PLC, leaving NewRiver REIT PLC as the only declared suitor. Read More
(Alliance News) - Vukile Property Fund confirmed on Thursday it had made a "non-binding indicative proposal" to acquire Capital & Regional PLC in a possible cash-share deal. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Primary Health Properties PLC - London-based real estate investment trust investing in primary healthcare facilities - Chief Executive Officer Harry Hyman buys 74,890 shares at 92 pence each for GBP68,862 shares in total. Hyman will step down at Primary Health's annual general meeting on April 24 to replace Steven Owen as non-executive chair, with Mark Davies, the co-founder of NewRiver REIT PLC, to succeed him as CEO. Read More
(Alliance News) - NewRiver REIT PLC on Thursday said it appointed a new chair designate as part of its succession plan. Read More
(Alliance News) - UK real estate investment trusts will enjoy a decent 2024, Shore Capital Markets predicted, though the broker noted that this week's hotter-than-expected inflation reading suggests that there may still be "bumps on the road" for the sector. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Removing S4 Capital PLC from the events calendar on January 17.) Read More
(Alliance News) - NewRiver REIT PLC on Wednesday said Fitch Ratings affirmed its long-term issuer default rating at 'BBB' with a stable outlook, senior unsecured rating at 'BBB+' and short-term issuer default rating at 'F2'. Read More
(Alliance News) - NewRiver REIT PLC on Thursday reported a lower net asset value, citing high construction and finance costs. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More