Edition:
United Kingdom

Empiric Student Property PLC (ESP.L)

ESP.L on London Stock Exchange

95.30GBp
24 Sep 2018
Change (% chg)

0.20 (+0.21%)
Prev Close
95.10
Open
95.30
Day's High
95.80
Day's Low
95.10
Volume
291,282
Avg. Vol
947,570
52-wk High
102.25
52-wk Low
81.20

Latest Key Developments (Source: Significant Developments)

Empiric Student Property Says Co On Track To Meet Principal Objectives For 2018
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Empiric Student Property PLC ::HY DIVIDENDS DECLARED OF 2.5 PENCE PER SHARE.HY ADMINISTRATION EXPENSES REDUCED TO £4.9 MILLION (H1 2017: £7.6 MILLION), ON TRACK TO MEET FULL-YEAR TARGET OF £10 MILLION.HY GROSS MARGIN OF 62.3PCT (H1 2017: 60.4PCT).MARK PAIN APPOINTED AS NON-EXECUTIVE CHAIRMAN WITH EFFECT FROM 1 SEPTEMBER 2018.ON TRACK TO MEET OUR PRINCIPAL OBJECTIVES FOR 2018 FINANCIAL YEAR..DIVIDEND TARGET FOR 2018 IS 5.0 PENCE PER SHARE.EXPECT 2019 DIVIDEND TO BE FULLY COVERED BY ADJUSTED EARNINGS.UNCERTAINTY SURROUNDING OUTCOME OF BREXIT NEGOTIATIONS ARE OF CONCERN, BUT FULL CONSEQUENCES WILL NOT BE CLEAR FOR SOME TIME.HY PROFIT BEFORE TAX WAS £21.7 MILLION (H1 2017: £14.5 MILLION).  Full Article

Empiric Student Property Says Lynne Fennah Appointed CFO and COO
Thursday, 5 Jul 2018 

July 5 (Reuters) - Empiric Student Property PLC ::EMPIRIC STUDENT PROPERTY PLC - BOOKINGS FOR 2018/19 ACADEMIC YEAR ARE CONTINUING TO PROGRESS WELL AND ARE CURRENTLY AT 76%.EMPIRIC STUDENT PROPERTY PLC - LYNNE FENNAH HAS BEEN APPOINTED TO DUAL ROLES OF CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER.EMPIRIC STUDENT PROPERTY PLC - TIM ATTLEE REMAINS ACTING CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER OF COMPANY.  Full Article

Empiric Student Property Says Declared Dividend Of 1.25 Pence for Quarter Ended March 31
Wednesday, 23 May 2018 

May 23 (Reuters) - Empiric Student Property PLC ::SAYS DECLARED A DIVIDEND OF 1.25 PENCE PER ORDINARY SHARE IN RESPECT OF QUARTER ENDED 31 MARCH.SAYS BOARD IS TARGETING A DIVIDEND OF 5 PENCE PER SHARE FOR YEAR TO 31 DECEMBER 2018.  Full Article

Empiric Student Announces Board Changes
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Empiric Student Property Plc ::EMPIRIC STUDENT PROPERTY PLC - ANNOUNCES PAUL HADAWAY, CO'S CHIEF EXECUTIVE OFFICER, HAS RECEIVED NOTICE TO TERMINATE HIS EMPLOYMENT WITH COMPANY.EMPIRIC STUDENT PROPERTY PLC - HADAWAY HAS CEASED TO BE A DIRECTOR OF COMPANY WITH IMMEDIATE EFFECT.EMPIRIC STUDENT PROPERTY PLC - TIM ATTLEE, CO-FOUNDER AND CHIEF INVESTMENT OFFICER, HAS AGREED TO ASSUME ADDITIONAL ROLE OF ACTING CHIEF EXECUTIVE.  Full Article

Empiric Student Property says ‍new revolving credit facility for 70 mln stg
Monday, 20 Nov 2017 

Nov 20 (Reuters) - EMPIRIC STUDENT PROPERTY PLC ::‍NEW REVOLVING CREDIT FACILITY FOR 70 MILLION​ STG.‍NEW REVOLVING CREDIT FACILITY OF 70 MILLION STG WITH LLOYDS BANK COMMERCIAL BANKING​.EMPIRIC STUDENT PROPERTY - ‍FACILITY IS SECURED AGAINST A PORTFOLIO OF OPERATING ASSETS, HELD AS A LENDING GROUP, THROUGH A WHOLLY OWNED GROUP SUBSIDIARY​.‍FACILITY CAN BE USED FOR GENERAL CORPORATE PURPOSES INCLUDING FINANCING OF PURCHASE OF PROPERTIES.  Full Article