Edition:
United Kingdom

St. Modwen Properties PLC (SMP.L)

SMP.L on London Stock Exchange

393.20GBp
19 Feb 2019
Change (% chg)

-8.00 (-1.99%)
Prev Close
401.20
Open
394.00
Day's High
396.60
Day's Low
391.40
Volume
328,236
Avg. Vol
227,845
52-wk High
431.47
52-wk Low
357.42

Latest Key Developments (Source: Significant Developments)

St. Modwen Sells 34 Assets To Hansteen For 53.7 Mln Stg
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Hansteen Holdings PLC ::ST. MODWEN RELEASES £47M VIA SALE OF 34 ASSETS.PROPOSED DEAL FOR £53.7M.INTEND TO REINVEST DISPOSAL PROCEEDS INTO OUR INDUSTRIAL/LOGISTICS PIPELINE.EXCHANGED CONTRACTS FOR DISPOSAL OF A PORTFOLIO OF 34 ASSETS TO HANSTEEN HOLDINGS PLC.ADJUSTED FOR ASSETS HELD IN JOINT VENTURE, ST. MODWEN'S SHARE OF SALE CONSIDERATION IS £47.3M.  Full Article

St. Modwen Properties Says HY NAV Per Share Up 1.0 Pct To 455.4 Pence
Tuesday, 3 Jul 2018 

July 3 (Reuters) - St. Modwen Properties PLC ::INTERIM DIVIDEND UP 53.5 PERCENT TO 3.1 PENCEPER SHARE.HY NAV PER SHARE UP 1.0% OVER SIX MONTHS TO 455.4 PENCE (NOV 2017: 450.9 PENCE).EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.EXPECT TO EXCEED FULL YEAR TARGET TO SELL £100-150M OF RETAIL AND SMALL ASSETS.HY REVENUE OF 211.9 MILLION STG VERSUS 151.4 MILLION STG YEAR AGO.HY NET RENTAL INCOME OF 22.9 MILLION STG VERSUS 22.4 MILLION STG YEAR AGO.HY ADJUSTED EPRA EPS FOR HALF YEAR UP 0.4 PENCE TO 6.3 PENCE (2017: 5.9 PENCE).  Full Article

St. Modwen Properties sees ‍full year results in line with expectations​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - ST. MODWEN PROPERTIES PLC ::‍FULL YEAR RESULTS WILL BE IN LINE WITH EXPECTATIONS​.  Full Article

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Investors grab Brexit bargains among UK housebuilders

LONDON Daring investors are dipping their toes back into UK housebuilders, attracted by high dividend yields and low valuations even though they are seen as among the most vulnerable sectors in the event of a messy Brexit.