Morgan Sindall Group (MGNS)

Sector:

Construction and Building Materials

Index:

FTSE 250

2,325.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 2,345.00p
  • 52 Week Low: 1,650.00p
  • Currency: UK Pounds
  • Shares Issued: 47.36m
  • Volume: 12,762
  • Market Cap: £1,101.12m
  • RiskGrade: 151

Morgan Sindall agrees forward funding for Lewisham Gateway scheme

By Michele Maatouk

Date: Tuesday 14 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Construction and regeneration company Morgan Sindall said on Tuesday that its urban regeneration division has agreed a £252m forward funding deal with Get Living to deliver the final phase of its Lewisham Gateway scheme.
Once complete, the scheme will be operated by Get Living and provide 649 homes for rent, around 25,000 sq ft of retail space, 15,000 sq ft of food and beverage space, a gym, 10,000 sq ft of offices and Lewisham's first major multiplex cinema, which has been pre-let.

The scheme is expected to complete in 2023.

The wider development is a joint project with the London Borough of Lewisham, the Mayor of London and Transport for London, supported by Homes England.

Chief executive John Morgan said: "This deal reinforces our regeneration strategy and is testament to our expertise in this area. We look forward to working in partnership with Get Living to deliver a transformational scheme to the local community."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MGNS Market Data

Currency UK Pounds
Share Price 2,325.00p
Change Today -10.00p
% Change -0.43 %
52 Week High 2,345.00p
52 Week Low 1,650.00p
Volume 12,762
Shares Issued 47.36m
Market Cap £1,101.12m
RiskGrade 151

MGNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.89% below the market average8.89% below the market average8.89% below the market average8.89% below the market average8.89% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
65.03% above the market average65.03% above the market average65.03% above the market average65.03% above the market average65.03% above the market average
65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average
Income
75.25% above the market average75.25% above the market average75.25% above the market average75.25% above the market average75.25% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Growth
22.13% above the market average22.13% above the market average22.13% above the market average22.13% above the market average22.13% above the market average
31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGNS Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 05-Oct-23
Paid 16-May-24 26-Oct-23
Amount 78.00p 36.00p

Trades for 28-Mar-2024

Time Volume / Share Price
13:52 2 @ 2,329.90p
13:44 98 @ 2,324.99p
13:41 66 @ 2,323.01p
13:24 320 @ 2,325.00p
13:09 17 @ 2,325.00p

MGNS Key Personnel

CEO John Christopher Morgan
Finance Director Steve Crummett

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