Edition:
United Kingdom

Workspace Group PLC (WKP.L)

WKP.L on London Stock Exchange

1,112.00GBp
22 Jun 2018
Change (% chg)

17.00 (+1.55%)
Prev Close
1,095.00
Open
1,088.00
Day's High
1,112.00
Day's Low
1,088.00
Volume
175,908
Avg. Vol
178,715
52-wk High
1,176.00
52-wk Low
843.36

Latest Key Developments (Source: Significant Developments)

Workspace in proposed placing to help fund project pipeline, acquisitions
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Workspace Group PLC ::TODAY ANNOUNCES A PROPOSED PLACING TO INSTITUTIONAL AND OTHER INVESTORS OF UP TO 16,320,062 NEW ORDINARY SHARES OF 100 PENCE EACH IN EQUITY CAPITAL OF COMPANY.REPRESENTING APPROXIMATELY 9.96% OF CURRENT ISSUED SHARE CAPITAL OF COMPANY..PROCEEDS ARE INTENDED TO BE USED TO FINANCE FOLLOWING: - CAPITAL EXPENDITURE REQUIRED FOR ONGOING PROJECT PIPELINE, WHICH IS INTENDED TO ENHANCE COMPANY'S RENTAL INCOME AND VALUE;.  Full Article

Workspace To Buy Five Centro Buildings In Camden, London For 109 Mln Stg​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Workspace Group Plc ::‍EXCHANGED CONTRACTS TO ACQUIRE FIVE OF CENTRO BUILDINGS IN CAMDEN, LONDON NW1, FOR £109M​.  Full Article

Workspace Group Says Lettings In Q3 Averaged 86 Per Month ​
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Workspace Group Plc ::‍LETTINGS IN Q3 AVERAGED 86 PER MONTH COMPARED TO 85 PER MONTH IN SAME QUARTER LAST YEAR​.‍ENQUIRIES AVERAGED 858 PER MONTH IN Q3 ​.‍PRO-FORMA LTV RATIO OF 19% AT 31 DECEMBER 2017, BASED ON 30 SEPTEMBER 2017 VALUATION​.  Full Article

Workspace reports HY net rental income growth of 21 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Workspace Group Plc ::WORKSPACE GROUP PLC - ‍INTERIM RESULTS​.WORKSPACE - HY GROWTH IN NET RENTAL INCOME YOY OF 21% TO £46.1M, RESULTING IN 25% GROWTH IN ADJUSTED TRADING PROFIT AFTER INTEREST TO £29.4M​.WORKSPACE GROUP PLC - ‍HY PROFIT BEFORE TAX OF £123.7M WITH A SIGNIFICANT UPLIFT IN PROPERTY VALUATION (30 SEPTEMBER 2016: £7.1M)​.WORKSPACE GROUP PLC - HY ‍EPRA NET ASSET VALUE PER SHARE OF £10.14, UP 6.4% IN SIX MONTHS​.WORKSPACE GROUP PLC - ‍UNDERLYING INCREASE OF 3.5% IN PROPERTY VALUATION TO £2,139M IN SIX MONTHS​.WORKSPACE GROUP PLC - ‍30% INCREASE IN INTERIM DIVIDEND TO 8.84P​.WORKSPACE GROUP PLC - ‍LOAN TO VALUE AT 20% WITH UNDRAWN FACILITIES (INCLUDING CASH) OF £243M AT PERIOD END​.  Full Article

Workspace Q1 total rent roll up 4.9 pct
Thursday, 14 Jul 2016 

Workspace Group Plc : Q1 total rent roll up 4.9 pct (3.8 mln stg) to 82 mln stg (31 March 2016: 78.2 mln stg) . Q1 like-for-like rent roll up 2 pct (0.9 mln stg) to 46.8 mln stg (31 March 2016: £45.9m) ."Full impact on UK economy of last month's EU referendum is as yet unknown" - CEO.  Full Article

UK Stocks-Factors to watch on June 6

June 6 Britain's FTSE 100 index is seen opening 5 points higher at 7,692 on Wednesday, according to financial bookmakers. * SKY: Rupert Murdoch faces a 22 billion pound ($29.3 billion) fight with U.S. cable company Comcast for European pay-TV company Sky after Britain cleared his bid provided he sells off its TV news business. * RBC: Advisers to the government could return with a multi-billion-pound sale of Royal Bank of Scotland shares by September, despite the mu